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Families received nearly $94 billion in Child Tax Credits. See where it went.

In March 2021, the American Rescue Plan Act (ARPA) expanded the Child Tax Credit. Eligible families could claim the credit for each qualifying child when submitting their 2021 tax returns. The Internal Revenue Service issued more than 37 million Child Tax Credits totaling nearly $94 billion in 2021. Families can still submit revised tax returns to claim the credit until 2024.