What You Need to Know Before You Claim Your Child Tax Credit This Filing Season

The child tax credit—a benefit designed to help taxpayers support their families—was greatly expanded for the 2021 tax year by the American Rescue Plan Act. The credit grew from a maximum $2,000 per qualifying dependent to a maximum of $3,600 in 2021. And for the first time, many taxpayers received half of the credit…

Read more...



from Lifehacker https://ift.tt/3ADZ7ny
https://ift.tt/3IFNkrR

Related Posts
Previous
« Prev Post