New 2025 Child Tax Credit Announced: How Much Is It?


Source: Kiplinger

Millions of working families rely on family tax credits like the child tax credit (CTC) to support household bills like food, housing, child care, and education.

Claiming these and other federal tax credits and deductions like the adoption credit and the Earned Income Tax Credit (EITC) can lower your tax liability or increase your refund amount.