Two House Republicans and two House Democrats are teaming up on a bill that would expand the child tax credit to $6,000.
The EITC helps low-to-moderate income workers and families get a tax break to reduce the taxes they owe or possibly receive a ...
The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But ...
Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...
As the 2025 tax season kicks off, the IRS may start sending letters to taxpayers eligible for the Child Tax Credit and ignoring these letters could lead to missed opportunities or complications.
There's no reason to wait to file your taxes, especially if you're expecting to get money back from the IRS in the form of a tax refund. If you're a parent claiming the child tax credit ...
The earned income tax credit and additional child tax credit are "refundable," meaning filers can claim a refund without tax liability. Here's who qualifies.
The earned income tax credit is one of the most ... you’d only need to pay the IRS $268. If your EITC credit was $4,213 because of a qualifying child, you’d receive a refund of $3,313 on ...
The child tax credit generally applies to dependent children under 17, although there are some other criteria set by the Internal Revenue Service (IRS) that taxpayers must meet, including an ...