what is the child tax credit 
the child tax credit is a tax benefit granted to american taxpayers with children under the age of 17 as of the end of the year for the 2023 tax year the tax return filed in 2024 the credit is 2 000 for each qualifying child you qualify for the full amount for each child if you earn up to 200 000 as an individual filer or 400 000 for joint filers the benefit is phased out for parents with higher incomes 1this benefit has reverted to pre 2021 levels after two years during which emergency legislation related to the covid 19 pandemic boosted the benefit to as much as 3 000 per child and 3 600 for children under age 6 2