The federal child tax credit (CTC) is a key benefit that helps families offset the costs of raising children. For years, data show that the CTC has provided tax relief to millions of households, with ...

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, ...

Forbes contributors publish independent expert analyses and insights. The House bill would increase the maximum per child credit to $2,500 through 2028, at which point it would drop to an estimated $2 ...

A new budget proposal that would impose new restrictions on the federal Child Tax Credit could eliminate the benefit for millions of U.S. citizens or legally resident children, policy experts have ...

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 ...

On July 4, 2025, President Donald Trump signed the GOP's long-anticipated tax cuts and spending package, and it includes changes to the federal child tax credit (CTC). At the centerpiece of the ...

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 ...

As tax season concludes and the federal budget reconciliation process begins, Congress is staring at a massive opportunity to deliver critical support to millions of American families by expanding and ...

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