Finance

Child tax credit 2021 schedule – Here’s why you didn’t get October payment as IRS shares customer service phone number


SOME FAMILIES COULD COLLECT UP TO $16K

For every family earning $125,000 or less, the CTC credit will cover 50 per cent of qualifying expenses up to $8,000 associated with the care of a child under 13 or a spouse, parent or other dependent who is unable to care for themselves. 

If a family is caring for two or more eligible dependents, they can collect up to $16,000 in expenses. 

For families earning between $125,000 and $183,000, it will cover up to 20 per cent, according to iHeart.





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