Child tax credits benefit parents and guardians when they file their yearly tax returns and typically provide a set amount per dependent child.

Currently, the credit is good for up to $2,000 per dependent child on your taxes. That full amount is "nonrefundable," meaning that you can only receive that much to lower your tax burden. However, up to $1,700 per child can be claimed as a "refundable" credit, meaning that it can be used to increase the amount you receive for your tax refund.

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

Nebraska’s Child Care Tax Credit may have been passed back in 2023, but the start of 2025 will be the first time its effects are seen.

A proposal to expand New York’s child tax credit would give families more money per child, Gov. Kathy Hochul announced on Monday. Families with children under 4 years old who get the annual Empire State child credit would be eligible for up to $1,