What is the Child Tax Credit? And how much of it is refundable?

The Child Tax Credit, which has been expanded significantly by Congress since it was first written into law nearly 25 years ago, is a significant element of the federal government’s effort to aid families with children. Congress expanded it substantially when it passed President Biden’s American Rescue Plan in March 2021. How did Congress expand … Continue reading What is the Child Tax Credit? And how much of it is refundable?