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IRS raises child tax credit to $2,300 for 2027 tax year

Published on November 7, 2026

The Internal Revenue Service (IRS) has announced inflation-adjusted figures for the 2027 tax year, which apply to returns filed in 2028. The Child Tax Credit reaches a maximum of $2,300 per qualifying child, with a refundable portion of $1,800 per child, and the standard deduction rises to $33,200 for married couples filing jointly, $16,600 for single filers and married individuals filing separately, and $24,925 for heads of household. The new amounts take effect for earnings throughout 2027. 1

Families with qualifying children are affected, along with filers who claim the standard deduction. The Earned Income Tax Credit (EITC) also rises, to a maximum of $8,496 for families with three or more qualifying children, $7,552 with two, $4,573 with one, and $685 without children.

Sources & notes

Data and figures on this page come from the sources and notes below:

Footnotes

  1. IRS Releases Tax Inflation Adjustments for Tax Year 2027 (IR-2026-133) , Internal Revenue Service, November 5, 2026; Revenue Procedure 2026-35 . ↩

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