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Do You Qualify for The Child Tax Credit?

By BARRY LISAK
Posted 9/20/21

As taxpayers plan their 2021 taxes, there is good news in the form of an enhanced child-tax credit.

The legislation known as the Tax Cuts and Jobs Act (TCJA) doubled the credit amount, increased the refundable portion, and expanded its scope to include dependents other than qualified children. Additionally, the TCJA enlarged the pool of taxpayers eligible for the credit by increasing the adjusted-gross-income (AGI) ranges.

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