IRS updates Tax Year 2021 / Filing Season 2022 Child Tax Credit Frequently Asked Questions, information to help taxpayers prepare their 2021 returns

IRS Updated FAQ on Child Tax Credit for filing season 2022. These Frequently Asked Questions are helpful to determine taxpayer eligibility.  Refer to below URL for more information 

https://www.irs.gov/pub/taxpros/fs-2022-28.pdf

Reliance on FAQs 2020 to $3,600 in 2021 for each child under age 6. Similarly, for each child age 6 to 16, it's increased from $2,000 to $3,000. It also provides the $3,000 credit for 17-year-olds. www.irs.gov

#CTC # ChildTaxCredit.

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Surya Padhi

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