If you fail to follow the correct procedure when claiming the Child Tax Credit, your tax return could be rejected or worse, ...

The finance committee proposed a 1.75% surcharge on capital gains earnings on individuals making over $1 million and couples ...

For 2022, only up to $1,500 is refundable. The IRS refers to this refundable portion as the additional child tax credit. What Happened to Advance Payments for the Child Tax Credit? A notable ...

A new child tax credit could slash middle-class families' tax bills by $450 a year. But a new "millionaire's tax" would pay for it – leading to a budget battle with Gov. Ned Lamont.

So, for example, a family with a 3-year-old toddler who takes the monthly payments will receive $1,800 in advance and then claim an $1,800 child tax credit when they file their 2021 tax return ...

Nearly 75 million Americans have already received their annual tax refunds from the Internal Revenue Service (IRS), with the ...

With a partisan vote at the end of a long day of closed-door discussions, the committee of the state legislature responsible ...

Taxpayers who received advance child tax credit payments in 2021 should have received Letter 6419, sent in late December, which notes the total amount of payment received and the number of ...

Minnesota's Child Tax Credit has benefited over 416,000 children, with families receiving an average of $2,559.

Now, families could finally get some help. Connecticut lawmakers just advanced a new child tax credit as part of a two-year tax package. Parents could claim $150 each, for up to three children.