Keyword Analysis & Research: child tax credit 2021 enrollment

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Frequently Asked Questions

When does the child tax credit start?

The child tax credit, or CTC, was introduced by 1997 legislation and was first available in 1998. It started as a small, nonrefundable credit of $400 for each qualifying child under 17. In the last 20 years, it has undergone many changes.

Who qualifies for new child tax credit?

To be eligible for the Child Tax Credit, the child or dependent must: be 16 years or younger by the end of the tax year; be a US citizen, national, or resident alien; have lived with the taxpayer for more than half of the tax year. be claimed as a dependent on the federal tax return.

Who gets the child tax credit?

The tax credit applies to children who are considered related to you and reside with you for at least six months out of the year. Note that though the eligibility requirements are relatively broad, higher-income families may receive a reduced credit.


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