Key takeaways The value of the child tax credit in 2025 (for tax returns filed in 2026) is $2,200, up from$2,000 in 2024. Going forward, the value of the child tax credit will be adjusted for inflation each year. There are income limits: The child tax credit starts to phase out for married-filing-jointly filers with income above $400,000 and for all other filers with income above$200,000. These income limits are now permanent (the same limits were in place for 2024). The eligibility rules were chan ...