Reported about 20 hours ago
The child tax credit will rise from $2,000 to $2,200 per child in President Trump's tax bill, marking a 10% increase. However, due to existing income restrictions, millions of low-income families, including those with undocumented parents, will not benefit from this change. Many families earning below $2,500 annually are excluded from the refundable portion of the credit, leaving an estimated 17 million children without access to the full benefits, despite previous broader access during the pandemic.
Source: YAHOO