Besides the $1,400 you hopefully will be getting from this $1.9 trillion dollar bill you might be able to save a bunch of money and if you have kids you could make bank! The child tax credit is going to $3,000 and could be as high as $3,600 for children 5 and under. They’ve also moved the age limit for the child tax credit for kids from 16 to 17.
Unemployment benefits will add an additional $300 and those unemployment payments will remain tax free. You can also get more money if your company has a flex spending account you use to pay for childcare the max for that has been doubled to $10,500 for 2021. You can find a lot more details right here at Kare11.com!
-Nikki
