Did The New Child Tax Credit Pass In 2024. 11, 2024, 3:46 pm pst. How will the child tax credit.
The american rescue plan’s expansion of the child tax credit will reduced child poverty by (1) supplementing the earnings of families receiving the tax credit, and (2). The bill includes $33 billion to expand the widely used child tax credit for three years — including the tax season currently underway, provided the bill quickly passes.