"Expanding Child Tax Credit: Impact on Rochester Families and 2024 Tax Season"

1 min read
Source: RochesterFirst
"Expanding Child Tax Credit: Impact on Rochester Families and 2024 Tax Season"
Photo: RochesterFirst
TL;DR Summary

The House has passed a bill to increase the Child Tax Credit, potentially providing more financial relief to parents in Rochester. If the Senate approves the bill, the credit would increase to $1900 in 2024 and $2000 in 2025, offering support to working families struggling with the costs of childcare and other expenses. Local parents are hopeful for the bill's passage, recognizing the financial strain of raising children and the potential benefits of the increased credit.

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