The Child Tax Credit will change for 2021 tax return filers. The amount of the credit will increase as well as the age limit for qualifying children (from 16 to 17). The credit for each child under age 17 is also now fully refundable.
For more information, contact Kristen Woodall at 770-287-7800 or firstname.lastname@example.org. Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!
Read more: https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-frequently-asked-questions