Child Tax Credit 2022 update — Millions of Americans can claim $2,000 per child – find out your maximum amount

MILLIONS of families may be eligible for thousands in Child Tax Credits, despite Congress failing to extend the boosted payments. The child tax credit has returned to pre-Covid levels, meaning that the maximum federal child tax credit will go back to $2,000 per child under age 17. During the pandemic, the credits had been increased to $3,000 per child under the American Rescue Act. As Congress did not extend the boosted payments, families will now only be able to claim the credit on their tax returns. Married couples who earn up to $400,000 will qualify. For singles and those who… Read Full Article