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In 2021, the American Rescue Plan Act (ARP) expanded the CTC significantly for one year, making it the largest U.S. child tax credit ever — and providing many working families with $3,000 per ...
Though the Child Tax Credit has existed since 1997, 2021 was the first year families who pay no federal income tax were able to receive the benefit. The change increased the maximum benefit from ...
This year, eligible families can use GetCTC to receive the 2021 Child Tax Credit, expanded last year to $3,600 per child 5 and under and $3,000 per child 6 to 17. Families that didn’t receive ...
In 2021, the Child Tax Credit increased from $2,000 per child to $3,000 per child for children ages 6 to 17 and $3,600 per child for children under 6. The plan also raised the age limit from 16 to 17.
After President Biden’s American Rescue Plan Act significantly increased the Child Tax Credit’s value and expanded family eligibility for 2021, the credit is reverting to its original, pre ...
In 2021, the American Rescue Plan Act (ARP) expanded the Child Tax Credit (CTC) significantly for one year, making it the largest U.S. child tax credit ever and providing most working families ...
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