Supports working families with an. The american rescue plan increased the amount of the child tax credit from $2,000 to $3,600 for qualifying children under age 6, and $3,000 for other qualifying children under.
A bipartisan tax plan that overwhelmingly passed in the. Home > legislation > 118th.
29, american families would be able to claim this expanded credit in 2024 on their 2023.
Under the provision, the maximum refundable amount per child would rise to $1,800 in 2023, $1,900 in 2024 and $2,000 in 2025.
Us congressional negotiators are nearing a bipartisan deal to renew expired business tax breaks and boost the child tax.
The senate and house moved quickly.
