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expanded Child Tax Credit!

Congress and President Biden passed a tax cut for most families with Children as part of the American Rescue Plan. how I can receive an expanded Child Tax Credit! we are expecting a child at the end of this month. 

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expanded Child Tax Credit!

That will be reported on your 2021 tax return next year.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

expanded Child Tax Credit!

How much would be the amount for it?

 

 

expanded Child Tax Credit!

The credit is increased from $2,000 to $3,600 for a child under age 6.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

expanded Child Tax Credit!

Same credit but different method of receiving it.  It is for advance payments before actual filing 2021 tax returns.  Those links explain it.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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