child tax credit for december 2021 amount
For 2021 the child tax credit amount has increased up to 3600 per child. The credit lowered the amount you owed in taxes and you could be refunded up to 1400 if you owed less than that amount.
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For tax year 2021 the ARPA temporarily increased the maximum amount of work-related expenses for qualifying care that may be taken into account in calculating the child and dependent care credit increased the maximum percentage of those expenses for which the credit may be taken modified how the credit is reduced for higher earners and made it refundable.
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