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Child tax credit: Could the amount change during Trump's presidency?

2 1
22.01.2025

(NEXSTAR) – President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president's administration might affect their child tax credit.

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum of $3,600 per child during the pandemic, but double that of tax year 2016.

However, there is some uncertainty about the credit entering Trump's second term as his signature tax legislation is set to expire at the end of 2025.

"Congressional action is required or the Child Tax Credit will revert to $1,000 per child," Adam Brewer, tax attorney with AB Tax Law, told Nexstar. "There is bipartisan support to keep the Child Tax Credit at $2,000 so........

© The Hill


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