Tax Season in the USA: An Expert Explains How to Obtain the Child Tax Credit from the IRS
An expert explains how to navigate the IRS Child Tax Credit process during the U.S. tax season.
With the U.S. tax filing deadline set for April 15, 2026, taxpayers are encouraged to understand how to claim the Child Tax Credit (CTC) from the IRS. Tax preparer Maggie Miramontes outlines the essential eligibility requirements for this credit, which includes having a child under 17 years of age, a Social Security number, and having lived with the guardian for over half of the year. The CTC has seen an increase, now allowing taxpayers to claim up to $2,200 per child with an additional refundable amount of up to $1,700.
Miramontes further explains that maximizing this tax benefit can be achieved by combining it with other federal benefits. As families prepare their taxes, understanding these details becomes crucial, especially for those with multiple dependent children. The information provided highlights the importance of being informed about tax credits that can significantly impact the financial situations of many American families.
As the tax season approaches, taxpayers are reminded of the importance of accurate filing and benefiting from available credits. This guidance not only aims to support families in navigating the tax system but also emphasizes the financial implications these credits could have, fostering a better understanding of the potential refunds and the overall tax process in the U.S.