child tax credit december 2021 amount

If you are using tax software to prepare your 2021 tax return the program will specifically ask you how much you received in total from advance child tax credit payments between July and December. This is the first year that 17-year-olds qualify for the CTC the previous age limit was 16.

Child Tax Credit Ending Will Push 10 Million Kids Back Into Poverty

The child you claim must be under the age of 17 on the last day of the tax year December 31.

. As of December 31 2021 can qualify for the child tax credit. For 2021 the maximum amount of the credit is 3600 per qualifying child. In June that will state the amount of your.

The Child Tax Credit is designed to help with the high costs of child care and rising number of children in poverty in the United States. The 2021 child tax credit is available for parents and guardians with children who are under age 18 and have a Social Security number.

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