“ARPA Adds Cash
to the Child Tax Credit (2021 Only)!”
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with all the details…
For the 2021 tax-year only, the new American Rescue Plan Act (ARPA) made big, taxpayer-friendly changes to the federal income- tax child tax credit (CTC). That’s good news indeed!
How much extra money can the changes in the new law put in your pocket?
How can you qualify for the enhanced credit, and even qualify for advanced credit?
Read the full, complete article for answers.
Here’s just some of what’s changed
(for the good!) in the new CTC law.
- Qualified children can be up to seventeen years old!
- You may be eligible for two credits which could amount to a nice windfall!
- CTC is fully refundable for most parents!
- The IRS will make advance CTC payments possible!
And much more.
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