Child Tax Credit FAQs for Your 2021 Tax Return
The IRS’s tax filing season is just around the corner. The agency will start accepting individual tax returns for 2021 on January 24. And the filing deadline for most individual returns is April 18. As you get ready to prepare your return, or alternatively, gather your records to take to your accountant or other paid return preparer, you’ll want to keep in mind the tax changes that applied for 2021…and how they should be reported on your return. One of the most significant changes for 2021 was to the child tax credit, which is claimed by tens of millions of parents every year.
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