Official Announcement- The Child Tax Credit Amount You Can Receive per Child in February

With tax season 2025 officially underway in the U.S., American families with eligible children can now take advantage of the Child Tax Credit (CTC) to receive money back from the Internal Revenue Service (IRS).

This credit offers financial relief to qualifying households, providing an opportunity to reduce tax liabilities and even receive refunds.

Rare Bicentennial Quarter Worth $15 Million

The IRS has also committed to delivering tax refunds quickly, especially for those who follow its recommended steps.

Child Tax Credit Payments in 2025: What to Expect

If you have eligible children, the CTC payments in 2025 can provide up to $2,000 per child for U.S. families with dependents under 17 years old during the 2024 tax year.

However, it’s important to note that the credit is only partially refundable. Beneficiaries are limited to a refund of up to $1,700, and if your total tax liability is lower than that amount, the excess will not be refunded.

2025 Tax Season- IRS Boosts Average Tax Refund by Over 30%

When a tax filer’s liability does not meet the full amount, the payment becomes the Additional Child Tax Credit (ACTC). This is the portion that can still be refunded, but it’s capped at $1,700.

Eligibility for the Child Tax Credit

To qualify for the Child Tax Credit in 2025, certain criteria must be met, as outlined by the IRS. These include:

• The child must be under 17 years of age at the end of 2024.
• The child must be listed as a dependent on the tax filer’s return.
• The child must be a U.S. citizen, U.S. national, or U.S. resident alien.
• The child must have a valid Social Security Number for employment.

Income Limits for the Child Tax Credit

The Child Tax Credit amount is subject to income limits. To receive the full credit, the following adjusted gross income (AGI) thresholds apply:

• Single filers: Less than $200,000.
• Married couples filing jointly: Less than $400,000.

New Scam Alert- IRS Text Message Claiming a $1,400 Refund Could Be the Start of Fraud

For every $1,000 above these thresholds, the credit reduces by $50.

How to Apply for the Child Tax Credit

To claim the CTC or ACTC, you will need to provide information about your dependents on your federal tax return.

This is done on Form 1040, and you will also need to complete Schedule 8812, which is the form specifically for claiming credits for children.

How to Get Your Child Tax Credit Refund Quickly

For those looking to get their Child Tax Credit refund as quickly as possible, the IRS recommends using electronic filing (e-filing) and choosing direct deposit.

This combination ensures the fastest processing time, and typically, refunds are issued within three weeks. In fact, the IRS reports that more than 90% of refunds are processed in under 21 days.

The IRS also cautions that it will not issue ACTC refunds before mid-February, so filers will need to wait until then for the ACTC portion of their refund.

Tracking Your Tax Refund

To track the progress of your 2024 tax return and monitor the status of your refund, you can use the Where’s My Refund? portal on the IRS website or download the IRS2Go app for real-time updates.

Key Tax Season Dates

• Tax season for 2025 began on January 27.
• The deadline for most filers to submit their federal tax return is April 15, 2025.

By ensuring that you meet all eligibility requirements, follow the filing instructions carefully, and choose the fastest processing options, you can ensure that you receive your Child Tax Credit refund as quickly as possible this tax season.

FAQs

How do I know if my child qualifies for the Child Tax Credit?

Your child must be under 17 at the end of 2024 and meet other dependency and citizenship criteria outlined by the IRS.

Can I claim the full $2,000 for each child?

You can claim up to $2,000 per child, but only if your income is below the set thresholds. The amount you can receive may be reduced if your income exceeds the limits.

How soon can I get my Child Tax Credit payment?

If you e-file and choose direct deposit, your refund can typically arrive in less than three weeks.