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  2. Child tax credit (United States) - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit_(United...

    The United States federal child tax credit (CTC) is a partially-refundable [a] tax credit for parents with dependent children. It provided $2,000 in tax relief per qualifying child, with up to $1,400 of that refundable (subject to a refundability threshold, phase-in and phase-out [b]). In 2021, following the passage of the American Rescue Plan ...

  3. Understanding the current Child Tax Credit for 2023 and what ...

    www.aol.com/understanding-current-child-tax...

    Succinctly, the current CTC for 2023 is a $2,000 credit per qualifying child. For a taxpayer to claim the CTC, a qualifying child must meet the 3-A's test (i.e., Age, Address and Allowable ...

  4. The US House passes the bipartisan tax deal to expand the ...

    www.aol.com/finance/us-house-passes-bipartisan...

    Read more: Child tax credit: Everything you need to know for the 2023 tax year Dealmaker: Speaker of the House Mike Johnson (R-LA) at the U.S. Capitol on Wednesday, January 31. (Kevin Dietsch ...

  5. House passes bill that would extend child tax credit - AOL

    www.aol.com/house-passes-bill-extend-child...

    The lawmakers' plan would include a phased increase to the refundable portion of the child tax credit for 2023, 2024 and 2025. ... The U.S. Census Bureau estimates that the child tax credit kept 5 ...

  6. Child tax credit - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit

    A child tax credit (CTC) is a tax credit for parents with dependent children given by various countries. The credit is often linked to the number of dependent children a taxpayer has and sometimes the taxpayer's income level. For example, with the Child Tax Credit in the United States, only families making less than $400,000 per year may claim ...

  7. House passes an expanded child tax credit bill and sends it ...

    www.aol.com/news/house-vote-expanded-child-tax...

    WASHINGTON — The House voted Wednesday night to pass a $78 billion tax package that includes an expansion of the child tax credit, sending it to the Senate, where its path is uncertain. The ...

  8. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

  9. Here’s why everyone’s talking about the child tax credit

    www.aol.com/news/why-everyone-talking-child-tax...

    Originally, the credit of up to $500 per child was nonrefundable, meaning that parents had to earn enough to pay federal income taxes to receive it. But it also began to phase out for single ...

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