Here are five provisions of the Big Beautiful Bill and how they differ in the House and Senate versions of the legislation ...

As Congress deliberates potential changes to the federal child tax credit, Texas child advocates are raising concerns about ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

The Senate is on the verge of advancing Trump’s priorities, dubbed the One Big Beautiful Bill. Here’s how it could change the ...

A new Senate proposal could increase the Child Tax Credit (CTC) to $2,500, but millions of families might not benefit. The ...

Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...

President Donald Trump says "NO ONE GOES ON VACATION" until the big, beautiful bill is on his desk by the Fourth of July ...

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

The child tax credit could get boosted to $2,500 under a Republican proposal. ... Make the maximum $2,000 credit amount permanent. Before the TCJA, the child tax credit was worth up to $1,000.

The amount is exactly double for those who file jointly at $400,000. How to claim the 2025 CTC. This is the procedure to claim the Child Tax Credit on your tax return: File your federal tax return by ...

The Child Tax Credit offers tax savings to parents, ... It enables qualified taxpayers to receive up to $1,700 of that $2,000 amount as a refund.

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was under age 17 on Dec. 31, 2024.