Child tax credit for 2025 remains at $2,000 per child with eligibility criteria outlined

cnet.com January 5, 2025, 12:01 PM UTC

The federal child tax credit for 2025 remains at up to $2,000 per dependent child, with $1,700 being refundable. This is unchanged from previous years, but the credit will decrease to $1,000 in 2026 unless Congress acts. To qualify, a child must be under 17, related to the taxpayer, and have lived with them for at least half the year. The child must also be a U.S. citizen or resident with a valid Social Security number. Income limits apply for the full credit. Individuals must earn $200,000 or less, while joint filers must earn $400,000 or less. The credit decreases by $50 for every $1,000 over these thresholds.


With a significance score of 2.5, this news ranks in the top 30% of today's 17342 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 8000 minimalists.