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 ...

GOP Sen. Hawley joins J.D. Vance in floating an increase in the tax credit from $2,000 to $5,000 per child As Republicans get ready to deliver a tax package next year, some prominent GOP lawmakers ...

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.