The Child Tax Credit (CTC) has long been a cornerstone of tax relief for American families. As Donald Trump prepares for a potential second term, changes to this popular program could be on the horizon,

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

As Donald Trump once again takes office for his second and final U.S. presidential term, questions concerning his proposed economic policy measures continue to loom. Try It: The Trump Economy

The increased child tax credit could expire after 2025 without action from Congress. Here’s what families need to know.

With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under the 2017 Tax Cuts and Jobs Act, the credit could revert to $1,000 in 2026 unless Congress acts. Bipartisan support exists to maintain the $2,000 credit, but no guarantees are in place.

In the lead-up to Election Day, presidential candidates had big ambitions for the future of the child tax credit, which is set to expire next year.

The U.S. Census Bureau’s Supplemental Poverty Measure shows that child poverty is rising in our country. From 2022’s child poverty rate of 12.6%, it rose in 2023 to 13.7%. Only three other countries with similar economies to the United States have higher rates of child poverty.