What You Need to Know Before You Claim Your Child Tax Credit This Filing Season
by Meredith Dietz from Lifehacker on (#5VFS5)
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...