The Child Tax Credit has a few major changes with an update in the American Rescue Act 2021. The amount that you may qualify for depends on your income, filing status and your child’s age.
The Advanced Child Tax Credit starts in July of 2021 and ends December 2021. The amount depends also on your income, filing status, children’s ages and your total number of children you will claim on your taxes.
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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
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Sickle Hunter Financial Advisors
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Tampa, FL 33606
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