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New Maximum Child Tax Credit – when you can expect to receive payment

There’s been a lot of talk about an increase to the Child Tax Credit for the 2021 tax year and the government’s Advance Child Tax Credit. The American Rescue Plan has raised the maximum amount of the Child Tax Credit to $3,600 for children under the age of 6 and to $3,000 for each child between the ages of 6 and 17. And with the Advance Child Tax Credit, families can expect to see some of that money this year.


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