Child Tax Credit
Do you have a child age 17 or younger? YOU may be eligible for an ENHANCED CHILD TAX CREDIT.
For 2021, the child tax credit amount increases to $3,000 per qualifying child ($3,600 per qualifying child under age 6). The partial credit for other dependents who are not qualifying children remains at $500 per dependent.
The credit phaseout is based on modified adjusted gross income (MAGI).