The Child Tax Credit (CTC) is available to eligible taxpayers with children under age 17. For 2024 and 2025, the credit is up to $2,000 for each qualifying child and is partially refundable. You qualify for the full CTC amount if you meet all eligibility factors and your adjusted gross income isn’t more than $200,000 ($400,000 if married and filing jointly). Parents with higher incomes may be eligible to claim a partial credit. You must include the child’s Social Security number on your return. In 2026, the maximum CTC is scheduled to drop to $1,000 per qualifying child unless Congress acts to extend the higher amount. Contact us with any questions about your situation.
