The American Rescue Plan of 2021 includes a dramatic one-year-only tax changes that may especially benefit parents of children under 18 claiming the child tax credit. Here’s what you need to know: https://theci.co/advance-child-tax-credit
Here’s what we’re talking about in this video:
▶︎ What are the expanded child tax credits?
▶︎ Who should automatically receive their child tax credit monthly
▶︎ Who won’t automatically receive the new child tax credit
▶︎ How to claim your child tax credit automatically if you’re not receiving it
▶︎ Who should consider opting out of the monthly child tax credit
★☆★Resources Mentioned in this video:★☆★
💵 IRS Child Tax Credit Portal: https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021
💵 Best Tax Software: https://theci.co/best-tax
💵 Best Free Checking Accounts: https://theci.co/yt-free-checking
★☆★ Want More From The College Investor? ★☆★
💻 Check out my blog here: https://thecollegeinvestor.com/
