Child Tax Credit Client Letter
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
Abstract yellow image
Resources

Child Tax Credit Client Letter

4 months ago · 90.3 KB Download

AICPA MEMBER

ACCESS

Recently, there were important changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit:

  • Amount has increased for certain taxpayers

  • Is fully refundable (meaning taxpayers can receive it even if they don’t owe the IRS)

  • May be partially received in monthly payments

The new law also raised the age of qualifying children to 17 from 16, meaning some families will

Download the Child Tax Credit Client Letter

File name: child-tax-credit-client-letter.docx

Reserved for AICPA members

Already a AICPA member?

Log in with your AICPA account
 
Forgot email?
Forgot password?

Not a AICPA member?

Discover the benefits of AICPA membership

Learn more

Related content