2024 Tax Credits For Kids. Further information is found below and in irs publication 503, child and. The federal child tax credit (ctc) allows eligible parents and caregivers to reduce their tax liability and might result in a tax refund.


2024 Tax Credits For Kids

The maximum earned income tax credit (eitc) in 2024 for single and joint filers is $632 if the filer has no children (table 5). House of representatives passed $78 billion tax legislation that includes a newly expanded federal child tax credit (ctc) and various tax breaks for businesses.

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