The value of the child tax credit in 2025 (for tax returns filed in 2026) is $2,200, up from $2,000 in 2024. Going forward, the value of the child tax credit will be adjusted for inflation each year.
Parents will start getting monthly payments as soon as July 15. Millions of parents across the country will start receiving money from the federal government as soon as Thursday, July 15. Under the ...
Washington, D.C., will become the first city with a local child tax credit. The credit is part of a strategy aimed at fighting child poverty, after evidence showed significant impacts from a temporary ...
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