Claiming the child tax credit and other family tax credits and deductions can lower your tax liability or increase your refund. But which credits and deductions you qualify for can change from year to year. And the amounts of the credits and deductions can also change, since many are adjusted yearly for inflation.
So, while you might already know about the 2023 child tax credit and other family tax breaks for the current year, here is what you can expect for the 2024 tax year (for income tax returns normally filed in early 2025).
