As the 2025 tax season unfolds, understanding the nuances of the child tax credit can significantly impact your financial ...

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

The child tax credit is always one of the most popular credits claimed during tax season, but there are some things you ...

If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the additional money. Fully refundable tax credits are just the opposite -- if your ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Budget projections in the governor’s proposal estimate the child tax credit would cost the state $450 million in the 2026 ...

In addition to the federal child tax credit, here are 16 states offering a separate credit that residents can take advantage of if eligible. According to the National Conference of State ...

This year, the IRS told early filers that refunds from tax returns that claim the earned income tax credit and the additional child tax credit are expected to be available in taxpayer bank ...

The Earned Income Tax Credit (EITC) is a federal tax credit for workers with low and moderate incomes. The EITC helps to bolster their incomes and offset taxes owed; it is effective at reducing ...