2025 Child Tax Credit: Expected Payment Dates and How to Prepare
The Child Tax Credit (CTC) plays a crucial role in providing financial relief to families, offering up to $2,000 per qualifying child under 17. For the 2025 tax year, the refundable portion remains at $1,700, consistent with previous years. This credit aims to reduce a taxpayer’s liability on a dollar-for-dollar basis, with the refundable portion