The child tax credit was created as part of the Taxpayer Relief Act of 1997 to help ease the financial burden of families with children. Originally, the credit was a nonrefundable tax credit ...

Gov. Tim Walz passed a microphone to Lt. Gov. Peggy Flanagan before signing the budget bills this month. [MUSIC PLAYING] EMILY BRIGHT: Maybe you've heard the predictions about the potential impact ...

Now states are stepping in. Since the federal enhancement ended, several states have launched or expanded their own child tax credits. Six states have created new child tax credits (New Jersey ...

What’s happening to the child tax credit in 2026? Child tax credit FAQs Created as part of the Taxpayer Relief Act of 1997, the child tax credit was originally a nonrefundable credit worth $500 ...

The larger child tax credit in the TCJA replaced dependent exemption. The personal and dependent exemptions created, in effect, a safe harbor protecting a household’s first dollars of income ...

The expansion of the child tax credits under the American Rescue Plan halved child poverty. When the policy ended, child poverty shot back up. This year, 11 states either created a state-level ...

Since then, the number of states that have created their own permanent child tax credit has doubled. Sponsor Message That's been a huge help for Ashley Andreas and her family in White River ...

After the expiration of the expanded federal child tax credit in 2022, three states—New Mexico, New Jersey, and Vermont—created new child tax credits to fill the vacuum. But not all state ...

The child tax credit was created as part of the Taxpayer Relief Act of 1997 to help ease the financial burden of families with children. Originally, the credit was a nonrefundable tax credit ...

Most Republicans voted against a bill to expand the child tax credit and restore some business tax benefits on Thursday.