This post has been updated for 2018, 2019, & through the 2025 tax years (post tax reform). As part of the Tax Cut & Jobs Act (tax reform), there have been some notable changes to the Child Tax Credit. Those changes take effect for the 2018 tax year year and also apply to 2019 and beyond. What is the Child Tax Credit? The Child Tax Credit is a significant tax credit for those with qualified dependent children under age 17 (more on qualifications in a bit). A tax credit is a subtraction from actual taxes owed, which is much more
The post The Child Tax Credit (Updated for 2018 &...
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