The tax megabill that President Donald Trump signed into law on July 4 boosted the value of the child tax credit in 2025 to $2,200, up from $2,000. After 2025, the value of the child tax credit will ...
A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...
The child tax credit has been offered to U.S. taxpayers for nearly 30 years, but its value has varied across presidential administrations. With the passage of the One Big Beautiful Bill Act, it is ...
On May 22, 2025, the U.S. House of Representatives passed a bill that would, among other provisions, boost the child tax credit to as much as $2,500. This would represent an increase from the current ...
Want to unlock tax savings? Claiming a dependent on your tax return can reduce what you owe or boost your refund. But if you’re divorced, share custody or unsure about eligibility, the IRS rules can ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
For many single parents, applying for available federal tax credits and deductions can be a lifeline to support their families each year. The first step begins by selecting the appropriate filing ...
A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...