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The American Rescue Plan that President Biden put in place in March 2021 increased the child tax credit, and with tax season upon us, itís crucial to figure out the details of the bill and how it affects you. Before the bill passed, the credit was $2,000 for every child aged 17 and under. The bill increased the credit for all children: $3,600 for children under six, and $3,000 for children ages six to 17. Unless you opted out, then youíve probably received payment via direct deposit.