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Congressional Research Service: 'Child Tax Credit - How It Works & Who Receives It'
February 01, 2025
WASHINGTON, Feb. 1 (TNSrep) -- The Congressional Research Service issued the following report (No. R41873) on Jan. 31, 2025, entitled "The Child Tax Credit: How It Works and Who Receives It" by public finance analyst Brendan McDermott.

Here are excerpts:

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SUMMARY

This report provides an overview of the child tax credit under current law, including a review of temporary changes made by P.L. 115-97 (also known as the Tax Cuts and J . . .

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