Child Tax Credit: Changes for 2021
June 24, 2021
The American Rescue Plan, signed in March 2021, made changes to the Child Tax Credit for 2021. For 2021, the credit amounts increase, are refundable, and include children who turn age 17 in 2021. Further, the American Rescue Plan directs the IRS to advance half of the estimated 2021 credit beginning in July.