HOW MUCH WILL YOU RECEIVE IF YOU’VE RECEIVED CTC FROM THE START
If you’ve always received the monthly child tax credits, you’ll be able to get $300 per child under six and $250 per child between six and 17.
Last year, American families had an average of 1.93 kids under 18, so it’s likely you may have one or two children.
In other words, if you have two children aged two and four, you will receive $600.
If your children are aged four and nine, then that amount would be reduced to $550.
Parents of one child aged five can claim $300, while one child age nine would warrant $250.
Meanwhile, families can get a total of $1,200 for four children under age six.
If two children are aged one to five, and two children are over age six then that amount would become $1,100.
You can calculate how much you’ll get in child tax credits by using the free online calculator by Intuit Turbotax.