The child tax credit, often known as the “Kiddie Credit,” is a federal government benefit to assist eligible parents with qualifying dependent children in the United States.
The child tax credit can be worth up to $3600 per child for 2021 taxes, a significant amount of money you can receive every year to increase your family’s net worth.
The government boosted the Child Tax Credit from $2,000 to $3,600 for qualifying children under the age of six and $3,000 for other qualifying children under 18.