$2,000 Federal Child Tax Credit 2025 In These States – Check Eligibility & Payment Date
There are phaseouts for taxpayers at specific income levels, however under Code Sec. 24, taxpayers can claim a credit for each “qualified child.” According to the TCJA, the CTC is $2,000 per qualified child for the 2018–2025 tax years (except from 2021). It will return to $1,000 per eligible child after 2025. Under Code Sec. … Read more