Home » Business » IRS activates online tool for low-income families to receive monthly child tax credit payments

IRS activates online tool for low-income families to receive monthly child tax credit payments

The American Rescue Plan raised the maximum Child Tax Credit in 2021 to $ 3,600 for qualifying children under the age of 6 and $ 3,000 per child for qualifying children between the ages of 6 and 17. The IRS notes that before 2021, the credit had a value of up to $ 2,000 per eligible child and that those of 17-year-old children did not qualify for the credit, now they do.

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