Claim Your $2,200 Child Tax Credit Now! Don’t Miss These New Rules!
Did you know you could be missing out on up to $2,200 per child to reduce your tax burden? The federal Child Tax Credit is seeing a significant boost for the 2025 tax year, jumping from $2,000 to $2,200 per qualifying child under 17, with up to $1,700 potentially refundable. Crucially, eligibility rules have changed, now requiring a Social Security number for at least one parent, alongside the child, to claim this valuable benefit aimed at easing the financial strain of raising children. This dollar-for-dollar reduction in your tax bill is a powerful way to keep more money in your pocket, unlike a simple deduction. Understanding these updates is essential to maximize your family's savings, so for more vital financial insights, make sure to subscribe to our channel!
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