2025 Child Tax Credit Payout Dates Revealed: Here’s Exactly When You’ll Get Yours
Approximately 48 million households receive the Child Tax Credit (CTC), which helps low-income families with costs including housing, food, and child education. The CTC is available to adults who have qualified dependents under the age of 17 as a non-refundable tax payment.
Your tax bill can be lowered dollar for dollar by this non-refundable tax credit. A few weeks ago, the Internal Revenue Service (IRS) revealed the child tax credit amount for fiscal year 2025, which will be applicable to taxes filed in April 2026 and have an upper limit of $2,000 with a maximum returnable portion of $1,700.
The 2025 Child Tax Credit qualifying threshold will stay at $200,000 for all other filers and $400,000 for married taxpayers filing jointly.
What conditions must the CTC meet in 2025?
You can claim it on your federal tax return by filling out the standard Child Tax Credit Worksheet, which is located in the Form 1040 or 1040-SR instructions.
The child’s age, relationship to the applicant, and financial circumstances are among the requirements that must be fulfilled in order to qualify.
- Prior to the due date of your tax return (including extensions), an eligible kid must have a Social Security Number that has been issued by the Social Security Administration.
- At the end of the tax year, the qualifying kid must be younger than 17.
- Fulfill the residency and relationship requirements for a standardized definition of a qualified child.
- Not supporting themselves more than half of the time during the tax year.
- Have resided with you for more than half of the tax year, with the exception of children of divorced or separated parents, transitory absences, births or deaths that occurred during the year, and kidnappings or disappearances.
- Be listed on your return as a dependent. Avoid filing a combined return for the entire year, or merely file a joint return to get your estimated or withheld taxes back.
- Be a citizen, national, or resident alien of the United States.
- Before the due date of your tax return (including extensions), you must have a Social Security Number that has been issued by the Social Security Administration.
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