Child tax credit may face changes under Trump
With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under the 2017 Tax Cuts and Jobs Act, the credit could revert to $1,000 in 2026 unless Congress acts. Bipartisan support exists to maintain the $2,000 credit, but no guarantees are in place.
At this time, the child tax credit hands families a $2,000 discount on their tax bill for every child under the age of 17 ...
You may now qualify for several new tax credits and deductions depending on your income level. The Child Tax Credit ...
The median annual cost, according to the study, is $22,850. Which is why, politicians have been talking about the Child Tax Credit in recent years, which could save families thousands of dollars ...
As populism is increasingly embraced within the GOP, there have been a growing number of lawmakers calling for a bigger child ...
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