AUGUST 2021 • LONGISLANDPRESS.COM 41
KIDS The new Child Tax Credit went into effect in July. (Getty Images)
AND TAXES
BY DONNA DUARTE-LADD
The Child Tax Credit, part of the American Rescue Plan signed by President Joe
Biden in March, started on July 15. This will be a huge relief for many families, but
many parents have questions, such as how it is different from the child tax credit
added when doing yearly taxes, and who qualifies.
WHAT’S INSIDE continued on page 42
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FAMILY & EDUCATION
HOW THE NEW MONTHLY CHILD TAX CREDIT WORKS
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