The amount earners can claim in child tax credit has doubled and so have the income limits. Here’s what that means as the IRS 2018 tax return deadline looms.
In a video posted to her Twitter account, Ivanka Trump hailed double child tax credit, a policy introduced under her father’s controversial package of tax reforms worth $1.5 trillion.
The Tax Cuts and Jobs Act 2017 doubled the maximum amount of child tax credit available and lifted the income limits so more people can claim it. Now, the maximum amount in child tax credit is $2,000 per qualifying child, double the previous amount.
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