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Child tax credit 2022 update – Age limit and way to get final $1,800 cash boost revealed in IRS refund schedule

Child tax credit 2022 update – Age limit and way to get final $1,800 cash boost revealed in IRS refund schedule

THE age limit and way to get a final $1,800 cash boost have been revealed in the IRS’ refund schedule. According to the IRS, those eligible to receive payments include “an individual who does not turn 18 before January 1, 2022.” The final cash payment will be sent out with this year’s tax return, after the American Rescue Plan meant eligible families received more than 200million in child tax credit payments totaling more than $93billion and those qualified to get the money will receive at least half of the credit this year. Plus, there’s an $8,000 child tax credit you… Read Full Article