Child Tax Credit 2024 Update

The Child Tax Credit (CTC) is a tax benefit run by the U.S. government that helps qualified families with qualifying dependent children

The credit amount changes based on how much money the family makes and how many children apply.

More changes are planned for the CTC in 2024, making it easier for more families to use it.

By raising the credit amount and making it available to more kids, these changes are meant to help kids get out of poverty.

The American Rescue Plan Act increased the CTC in 2021, making it available to more families, raising the maximum credit amount, and making the credit fully refundable.

More changes are planned for the CTC in 2024, making it easier for more families to use it.

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