Child Tax Credit Guide
The pandemic has had a serious impact on American households and their finances. Thousands have lost their jobs and are struggling to make ends meet, and keep their families fed and safe. As a way to help them get back on their feet and support the most vulnerable members of the family, under the $1.9 trillion American Rescue Plan Act, signed into law in March of 2021, eligible households with children aged 17 or younger who filed their tax returns in 2020 can receive an annual child tax credit. However, unlike tax child credits in 2020, in 2021 households can apply for advance payments to take advantage of the benefit throughout the year. Learn more about the child tax credit, the eligibility requirements and the amount you may receive on our free guide. Access it today.