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The tax credit for 2021 has increased to $3,600 per child under six and $3,000 per child six to seventeen years old. If you received advanced child tax credit last year, the amounts will be lower. Parents with 17-year-olds will now also receive a tax credit of $300 a week, which is tax-free. It's suggested to wait until all paperwork is in place to claim the benefit. Single taxpayers making less than $25,000 or couples making $3,000 or less are eligible.
