Child tax credit: Everything you need to know for the 2025 tax year
Yahoo Finance·2024-01-18 17:02

It’s no secret that kids are expensive, but the child tax credit can offset a small portion of those costs. The child tax credit is a tax break that can lower your tax bill dollar for dollar and could even help you score a bigger refund. The One Big Beautiful Bill Act (OBBB) made a few changes to the credit for tax year 2025 that affect the return you’ll file by April 15, 2026. We’ll walk you through updates to the child tax credit rules, plus some other tax credits for families with children. Learn more ...