Child Tax Credit 2026: Families now get $2,200 per kid tax credit

The Internal Revenue Service has announced an increase in the Child Tax Credit for 2026, now set at $2,200 per child, thanks to the One, Big, Beautiful Bill Act signed into law in July 2025. This adjustment is significant as it reflects inflation and aims to provide more financial support to families, helping them manage rising costs. With millions of families benefiting from this increase, it underscores the government's commitment to easing the financial burden on parents and ensuring that children have the resources they need to thrive.