Child Tax Credit

Understanding the new advance Child Tax Credit

A new federal response to the COVID-19 pandemic kicked off this month, designed to boost the financial well-being of families with children 17 and under, according to Barb Wollan, a human sciences specialist with Iowa State University Extension and Outreach. For 2021, the Child Tax Credit is changing in two ways: 1) it is being expanded; and 2) half of […]