The $3,600 Child Tax Credit (CTC) was introduced as part of Covid-19 relief measures for the tax year 2021. It provides $3,600 annually for households with children aged six or under, and $3,000 for children aged 6 to 17. Eligibility requires the child to be under 18, reside with the claimant for a specified period, and have a valid Social Security Number. The credit phases out for single households earning over $200,000 and married households over $400,000. Payments were distributed monthly from July to December 2021 but returned to standard rates in 2022.
Confirmed ! $3,600 Child Tax Credit Update Today: Latest News, Eligibility, Payout Dates 2024
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