Tax Return Changes for Families With Children | HelloBooks A $2,200 child tax credit, Trump Accounts, a bigger dependent care credit and FSA, and a partly refundable adoption credit. What to ask parents.
Parents see more changes than almost any other group, spread across the child credit, savings accounts, childcare and adoption.
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Child tax credit per child
$2,200
Applies: Tax years 2025 and 2026From IRS.gov · checked October 10, 2026
The child tax credit is $2,200 per child, with up to $1,700 refundable, and the taxpayer or a spouse and the child need valid SSNs. Children born from 2025 through 2028 who are US citizens with an SSN can get a $1,000 federal deposit into a Trump Account.
From 2026, the dependent care credit can reach 50% of expenses and the employer dependent care exclusion is $7,500. The adoption credit is partly refundable, up to $5,120 for 2026.
For parents who own a business, keep childcare and family costs out of the business accounts. Employer clients can offer Trump Account contributions of up to $2,500 a year per employee, which belongs in payroll as its own benefit line.
General information for tax professionals, not advice on a specific return. Figures are from IRS.gov on the date shown; check the current IRS instructions before filing.
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