Update On Ctc For 2024. The tax relief for american families and workers act of 2024 is currently making its way to the senate would raise the refundable portion cap of child tax credit. Create a permanent, fully refundable connecticut child tax credit (ctc).
The maximum tax credit available per kid is $2,000 for each child under 17 on dec. The child tax credit is a valuable tax benefit claimed by millions of american parents with the goal of offsetting the costs of raising a child.