File Your Taxes Now to Get Your Child Tax Credit
Important Deadline Approaching
Don't miss out! The deadline to file your taxes and claim the full Child Tax Credit (CTC) is April 18, 2022. Eligible families can receive significant financial support, so it's crucial to take action now.
Increased Benefits for 2021
The American Rescue Plan Act increased the CTC for the 2021 tax year. Families can now receive up to:
- $3,600 per child under the age of 6
- $3,000 per child ages 6 to 17
Advance CTC Payments
The IRS has already issued advance CTC payments to eligible families. These payments were sent monthly from July to December 2021.
If you haven't received your advance payments, you can still claim the full CTC when you file your taxes. You can check the IRS website to see if you're eligible for advance payments.
Get Help Filing Your Taxes
If you need help filing your taxes, there are several resources available:
- IRS website: https://www.irs.gov/
- Free File Alliance: https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
- Volunteer Income Tax Assistance (VITA): https://www.irs.gov/individuals/free-tax-return-preparation-for-you-by-volunteers
Additional Support for Families
In addition to the CTC, the American Rescue Plan also includes other provisions to support families, such as:
- $15 billion for the Child Care and Development Block
- Increased Earned Income Tax Credit
- Expanded Child and Dependent Care Tax Credit
Don't delay! File your taxes now to get the full Child Tax Credit and take advantage of other financial benefits available to your family.
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