The maximum child tax credit increased to $2,200 in 2025 based on changes enacted via President Donald Trump's "big beautiful ...

Alimony is taxable if your divorce was finalized before 2019. If your divorce was finalized in 2019 or later, alimony is not taxable income for the recipient, and the payer can’t deduct alimony from ...

As families file taxes, new child-focused tax credits offer relief, boost child care access and create new opportunities for ...

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.

As tax season approaches, families are preparing for another round of changes to the Child Tax Credit. An overhaul approved during the summer has locked in higher benefit levels and clarified who ...

House Republicans on Thursday passed a bigger child tax credit as part of President Donald Trump's multi-trillion-dollar spending package. If enacted, the bill would make permanent the maximum $2,000 ...

Supporters of a new income tax credit for middle-class households with children couldn’t overcome Gov. Ned Lamont’s objections this spring, despite strong grassroots support and broad backing in the ...

Testimony of Nick Gwyn, Senior Fellow for Government Affairs, Center on Budget and Policy Priorities, Before the House Ways ...