From Yahoo Finance: 2025-04-15 11:04:00

If a Child Tax Credit claim was denied but should have been approved, steps to challenge the decision are available. The credit provides up to $2,000 per qualifying child under 17. Experts say denials may be due to missing documentation or eligibility errors. Common reasons for denial include misunderstandings about eligibility criteria or earning too much. Custody issues from a divorce can also impact eligibility. Taxpayers can appeal by identifying the specific issue and providing necessary documentation. Working with a tax professional who understands the rules is advised. Remember, support status and living arrangements can affect eligibility. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by 500 points due to concerns over rising inflation and interest rates.

2. A new study has found that over 70% of Americans have received at least one dose of the COVID-19 vaccine, marking a major milestone in the country’s vaccination efforts.

3. The United Nations reported that global carbon dioxide emissions have reached their highest levels in history, signaling a concerning trend for climate change and environmental sustainability.

4. In sports news, the NBA finals are set to begin this weekend, with the Phoenix Suns facing off against the Milwaukee Bucks in a highly anticipated matchup.

5. The latest unemployment report shows that jobless claims have dropped to their lowest levels since the start of the pandemic, indicating a positive trend in the labor market.



Read more at Yahoo Finance: 3 Steps To Take If Your Child Tax Credit Claim Was Denied, According to Experts