Child Tax Credit
What could you do with $1,500 or more?
Through the Child Tax Credit, families receive a tax credit of up to $2,000 for each child under the age of 17. You do not have to be the child’s biological parent to qualify.
If you don’t normally file income taxes, that’s ok! To qualify, you must earn at least $2,500 from working in 2024. . The Child Tax Credit will help pay any taxes you might owe on your earnings. If you don’t owe any taxes, you will receive a cash refund of up to $1,500 per child.
You may qualify for the Child Tax Credit if you meet all of these criteria.
In 2021, Congress approved monthly payments of up to $300 per child, per month. Unfortunately, these monthly payments have not been renewed by Congress.
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