2021 Child Tax Credit and Advance Child Tax Credit
Jun 14, 2021 · The Child Tax Credit phases out in two different steps based on your modified adjusted gross income (AGI) in 2021. The first phaseout can reduce the Child Tax Credit to $2,000 per child. That is, the first phaseout step can reduce only the $1,600 increase for qualifying children ages 5 and under, and the $1,000 increase for qualifying children ages 6 through 17, at the end of 2021.
DA: 75 PA: 59 MOZ Rank: 46