On March 11, 2021, President Biden signed into law the American Rescue Plan Act, expanding the Child Tax Credit and providing historic tax relief to the vast majority of families.
Thanks to the American Rescue Plan, the vast majority of families will receive $3,000 per child ages 6-17 years old and $3,600 per child under 6 as a result of the increased 2021 Child Tax Credit.
It’s not too late — you can still file your tax return to get the Child Tax Credit and thousands of dollars of additional tax benefits.