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“The Child Tax Credit allowed people to take a breath and served as a resource to help pay for kids and raise children.” ... Congress failed to expand the the Child Tax Credit in December 2021.
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.
The bill raised the value of the child tax credit from the typical $2,000 maximum per child. For 2021 only, the credit increased to $3,000 for children ages 6 to 17, or $3,600 for each child under ...
Child Tax Credit. The second-biggest piece of the 2021 COVID relief package was the expanded Child Tax Credit — and if you qualified for it, this will affect your taxes. “For those with ...
If you are eligible to claim the Earned Income Tax Credit or the Child Tax Credit on your 2021 tax returns, you may not receive your refund as quickly as you expected, even if you file right away ...
3 Tax Credits Return to Pre-Pandemic Levels, Meaning Refunds Will Be Lower for Many. Those who received $3,600 per dependent in 2021 for the Child Tax Credit will, if eligible, get $2,000 for the ...
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