Many families will soon receive their first payments from a massive one-year increase to the child tax credit. The expansion is a part of President Biden’s $1.9 trillion coronavirus aid package.

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Under the current version, the child tax credit phases in for lower-income families at the same rate no matter how many children are in the family. A married couple making $12,500 a year is ...

Use CNN’s child tax credit calculator to see how much you could receive. Ad Feedback. Ad Feedback. Ad Feedback. Subscribe Sign in My Account Settings Newsletters Topics you ...

Parents can use a free calculator from Omni to see how much money they can expect to receive.. The American Rescue Plan temporarily raises the child tax credit, now at a maximum of $2,000, to as ...

Inflation Reduction Act savings calculator: How much you may save with tax credits, discounts. The $739B measure carries a host of tax credits and discounts on everything from electric cars to ...