Bathroom Remodeling

BBB Scam Alert Child tax credits are coming, and so are the scammers from wbhfradio.org The child tax credit is a tax credit available to taxpayers who have at least one qualifying child. The credit amount is based on an individual’s income and is adjusted each year. The child tax credit was established in 1997 and was initially set at a maximum of $500 per child. In 2021, the maximum credit amount was increased to $2,000 per qualifying child. The credit is available to both single and married taxpayers. To qualify for the credit, taxpayers must meet certain criteria and must file a tax return. Who Qualifies for the Child Tax Credit? The child tax credit is available to taxpayers who have at least one qualifying child. A qualifying child must be a U.S. citizen, national, or resident alien, and must be under the age of 17 at the end of the tax year. The child must be claimed as a dependent on the taxpayer’s tax return and must not be the qualifying child of another taxpayer. In addi...