How much is the new Child Tax Credit, if the tax deal is passed by the Senate ?

If the new tax deal is passed by the Senate, the CTC (Child Tax Credit) amount will remain at $2,000 per child. But a third tweak to the credit could mean that more families will get more money back in their tax refund. 

That's due to changes to the partially refundable nature of the CTC (Child Tax Credit), which provides up to $1,600 back in your annual tax refund if you don't owe taxes or you are getting a refund. 

Under the proposed bill, the maximum refundable amount per child would rise to $1,800 in 2023, $1,900 in 2024 and $2,000 in 2025. 

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