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Biden’s 2024 budget includes increasing child tax credit

Por: WPTV Nation March 09, 2023

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If President Joe Biden gets his way, Americans who receive a child tax credit will see larger returns next tax season.In the budget released Thursday, President Biden is proposing raising the child tax credit from $2,000 per child to $3,000 per child for children 6 years old and above, and to $3,600 per child for children under 6. Parents received an expanded child tax credit in 2021 as part of pandemic relief, but the credit lapsed despite... + full article



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