How Much Will Your Child Tax Credit Be? Use This Calculator

How Much Will Your Child Tax Credit Be? Use This Calculator

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By Tami Luhby and Curt Merrill, CNN

Updated 6:03 PM ET, Mon July 12, 2021

(CNN)Eligible parents will begin receiving the first monthly installment of the new enhanced child tax credit starting on July 15.

The payments, which could total as much as $300 for each child under age 6 and $250 for each one ages 6 to 17, will continue each month through December. The other half

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