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Good News! More Families May Be Eligible for the Child Credit in 2018

Child Credit

The rules of the child credit are changing under the new tax law.

The Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, 2017, made significant changes to the child credit. This credit is generally available to taxpayers with children under the age of 17, but the new law adds a new (smaller) credit for other dependents. Here are the details. Read more