How Much is the Child Tax Credit?

Here is a breakdown of everything you need to know about the Child Tax Credit and Additional Child Tax Credit
How Much do You Get Back in Taxes for a Child?
The child tax credit for 2020, 2021, allows you to get back up to $2000 per child in taxes. This is a tax credit, which means it reduces your tax bill dollar-for-dollar, which makes it highly valuable for all families.
To be eligible to claim the child tax credit, your child or dependent must first pass all of the eligibility tests to qualify.… Read the rest