2022 Family Tax Credit Information [Closing 4/18/22]
$3,600 PER CHILD FOR KIDS AGES 0 TO 5
$3,000 PER CHILD FOR KIDS AGES 6 TO 17
The American Rescue Plan increased the maximum credit amount and made the Child Tax Credit fully refundable for 2021. Even if you had $0 in income last year, you can claim the Child Tax Credit if you have qualifying children.
File your taxes to get your Child Tax Credit — now through April 18, 2022. All eligible families can receive the full credit if they made up to $150,000 for a married couple or $112,500 for a family with a single parent in 2021. Above these income thresholds, the amount of the credit is gradually reduced.
Visit ChildTaxCredit.gov for More Info
DID YOU KNOW?
Non-taxable: The Child Tax Credit, including monthly payments in 2021, is not taxable.
Does not affect other benefits: Receiving the Child Tax Credit does not impact eligibility for or lower the amount of other federal benefits.
For parents and legal guardians: Anyone, including grandparents, who are legal guardians may be eligible for the Child Tax Credit.
Click here for more information here: https://delcopa.gov/ctc/