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A child tax credit expansion could put more money in parents’ pocket this filing season. fizkes / Shutterstock.com
A bipartisan group of lawmakers is pushing a tax package that could expand the child tax credit as soon as this filing season. Their bill — currently called the Tax Relief for American Families and Workers Act of 2024 — would increase access to the tax credit for lower-earning families that don’t have enough taxable income to fully capitalize on it under current rules. The $78 billion proposal…
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