$700 Increase: Child Tax Credit 2024

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Created by : Team stimuluscheckupdated.com

Increased Credit

Get ready for a boost! The Child Tax Credit is set to rise by $700, reaching a maximum of $1700.

Payment Schedule

Filing early? Expect your Child Tax Credit refund by February 27, 2024. Check "Where's My Refund?" for updates.

Bill for Expansion

The Child Tax Credit Extension Bill aims to broaden its reach, potentially providing even more relief for families.

Eligibility 

To qualify, ensure your child is 17 years old or younger, and your combined income is within the limits ($400,000 for couples, $200,000 for singles).

IRS Announcements

For official updates and inquiries, visit the IRS website https://www.irs.gov/.

Refundable Amount

The refundable amount is $1600, but plans are in motion to increase it to $1700. Keep an eye on any income limit changes.

CTC Extension

Child Tax Credit 2024 might increase to $2,000 per child, plus an extra $1,700 for each additional child.

for Detailed Information