Beginning in Tax Year 2022, a new Child Tax Credit (CTC) provides a refundable credit for families earning up to $80,000 per year. It ranges from $100 to $500 per child age 5 or younger for taxpayers who meet the income requirements.
Beginning in Tax Year 2022, a new Child Tax Credit (CTC) provides a refundable credit for families earning up to $80,000 per year. It ranges from $100 to $500 per child age 5 or younger for taxpayers who meet the income requirements.