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  2. Child Tax Credit and Credit for Other Dependents

    www.irs.gov/pub/irs-prior/p972--2020.pdf

    Child Tax Credit (CTC) This credit is for individuals who claim a child as a de-pendent if the child meets additional conditions (descri-bed later). It is in addition to the credit for child and de-pendent care expenses (on Schedule 3 (Form 1040), line 2, and the earned income credit (on Form 1040 or 1040-SR, line 27)).

  3. Child Tax Credit - U.S. Department of the Treasury

    home.treasury.gov/.../child-tax-credit

    The American Rescue Plan increased the amount of the Child Tax Credit from $2,000 to $3,600 for qualifying children under age 6, and $3,000 for other qualifying children under age 18. The credit was made fully refundable.

  4. Child Tax Credit - Internal Revenue Service

    www.irs.gov/credits-deductions/individuals/child-tax-credit

    You can claim the Child Tax Credit by entering your children and other dependents on Form 1040, U.S. Individual Income Tax Return, and attaching a completed Schedule 8812, Credits for Qualifying Children and Other Dependents.

  5. To get $3,000 child tax credit, families must file 2020 tax...

    www.cnbc.com/2021/04/14/get-new-3000-child-tax-credit-families-must-file-2020...

    Millions of families, with children ages 17 and younger, will soon start receiving hundreds of dollars each month as part of a new, expanded tax credit in the American Rescue Plan. To ensure...

  6. What is the Child Tax Credit? And how much of it is refundable? -...

    www.brookings.edu/articles/what-is-the-child-tax-credit-and-how-much-of-it-is...

    Eligible families could claim a tax credit of up to $2,000 per child under age 17 who is a citizen of the U.S. The size of the credit was reduced by $50 for every $1,000 of adjusted gross...

  7. Everything You Need To Know About The Child Tax Credit - Forbes

    www.forbes.com/advisor/taxes/what-is-the-child-tax-credit

    Here is what the child tax credit means for you, what the income limits are for 2020, and how it might change under President Biden. The child tax credit has helped millions of...

  8. The Monthly Child Tax Credit Calculator - Forbes

    www.forbes.com/advisor/taxes/monthly-child-tax-credit-payment-calculator

    To estimate your monthly child tax credit payment under the American Rescue Plan, this calculator considers your estimated adjusted gross income (AGI), how many dependent children you have...

  9. The Child Tax Credit - The White House

    www.whitehouse.gov/child-tax-credit

    Enacted in 1997, the credit currently provides up to $2,000 per child to about 40 million families every year. The American Rescue Plan made historic expansions to the Child Tax Credit (CTC).

  10. Treasury and IRS Announce Families of Nearly 60 Million Children...

    home.treasury.gov/news/press-releases/Treasury-and-IRS-Announce-Families-of...

    The credit increased from $2,000 per child in 2020 to $3,600 for each child under age 6. For each child ages 6 to 16, it’s increased from $2,000 to $3,000. It also makes 17-year-olds eligible for the $3,000 credit. To get money to families sooner, the IRS is sending out half of the 2021 Child Tax Credit this year in monthly payments.

  11. The Child Tax Credit - CRS Reports

    crsreports.congress.gov/product/pdf/if/if11077

    Currently, eligible families that claim the child tax credit can subtract up to $2,000 per qualifying child from their federal income tax liability. The maximum amount of credit a family can receive is equal to the number of qualifying children in a family multiplied by $2,000.