new stimulus bill: The Child Tax Credit Updates for 2021
- 10/17/21 08:44 AM
By Rajbir Athwal I represent taxpayers in Boulder, CO and Denver, CO Metropolitan, CO who have issues with unpaid taxes and outstanding tax liabilities, back taxes and wage garnishments.
In 2020, a taxpayer(s) could claim $2,000 of Child tax credit (CTC) for each qualifying dependent child on their tax return at the end of the year.
The following are requirements for qualifying child: Relationship: child, foster child, step child, siblings younger than you or your spouse if married filing jointly, half siblings and their descendants. Age: dependent child must be younger than 17 years at the tax year. Live with a tax year (0 comments)