3. Income Limits and Phase-Outs for 2025
Income limits play a major role in determining eligibility for the Child Tax Credit 2025. The credit begins to phase out for individuals earning above a certain threshold. For single filers, the phase-out starts at $200,000.
For those filing jointly, the phase-out kicks in at $400,000. It’s important to be aware of these limits as they affect how much credit you can claim. This phased approach ensures the credit targets middle- and lower-income families.
The key points to remember about income limits are:
- Phase-out starts at $200,000 for single filers
- Joint filers begin phase-out at $400,000
- Aims to support lower to middle-income families