Tax tip: 2025 child tax credit

Summary

CNBC's Sharon Epperson explains the 2025 child tax credit, noting that families with children under 17 may qualify for up to $2,200 per child. The credit phases out for married couples earning above $400,000 and other filers above $200,000, though higher incomes may still receive a partial credit. The segment is a personal finance tax tip and does not discuss any investment or trading ideas.

• Child tax credit is available for children under age 17.
• Maximum benefit is $2,200 per qualifying child.
• Full credit income limits are $400,000 for married couples and $200,000 for other filers.
• Higher-income filers may still qualify for a partial credit.
• The segment is a personal finance tax tip with no investment recommendations.