House approves expansion for the Child Tax Credit. Here's ... - CBS News
Feb 3, 2024 · The Child Tax Credit is one step closer to getting an overhaul, with the House on Wednesday approving a bill that would expand the valuable credit for parents as well as extend some...
House passes $79 billion bill to enhance child tax credit | AP News
Feb 1, 2024 · The House has passed a roughly $79 billion tax cut package expanding the child tax credit for millions of families and restoring three key tax breaks for businesses.
Congress nears $70 billion deal on child tax credit and ... - NBC News
WASHINGTON — Congressional leaders are closing in on a $70 billion bipartisan and bicameral deal that would expand the child tax credit and provide tax breaks for business through 2025, three...
Congress has a deal to expand the Child Tax Credit. Here's ... - CBS News
Jan 16, 2024 · Parents can claim up to $2,000 in tax benefits through the CTC for each child under 17 years old. The tax credit is based on income, requiring that parents earn at least $2,500 to claim it,...
House passes bipartisan tax bill that expands child tax credit
Feb 1, 2024 · The House voted on Wednesday evening to pass a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits.
House passes child tax credit expansion : NPR
Feb 1, 2024 · The House has overwhelmingly approved a bipartisan tax package that pairs a temporary expansion of the child tax credit with business tax breaks and credits to develop more low-income housing.
Congress announces major tax deal to expand child tax credit ... - NBC News
Jan 16, 2024 · Senior lawmakers in Congress announced a bipartisan deal Tuesday to expand the child tax credit and provide a series of tax breaks for businesses.
House approves major bipartisan tax bill to expand Child Tax Credit ...
Feb 1, 2024 · Washington — The House voted on Wednesday to approve a bill that would expand the Child Tax Credit and extend some business tax credits in a rare and long-sought bipartisan victory amid...
House passes bipartisan tax bill that would expand child tax credit ...
Jan 31, 2024 · If passed by the Senate, the $78 billion tax package called the Tax Relief for American Families and Workers Act of 2024 would increase the child tax credit and restore critical research and development deductions. It includes new low-income housing tax credits and disaster tax relief and tax benefits for Taiwan.
What Congress’ New Child Tax Credit Deal Could Mean for You
Jan 16, 2024 · The House passed a deal to expand the child tax credit. Here's what to know about how much the credit would increase and who is eligible.