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Tax season will be coming again and taxpayers can take advantage of the tax deductions for having dependents.

Claiming dependents on your tax return can make a big difference in what you pay in taxes (or how big a refund you get).

Subscribe: Apple Podcasts | Spotify | iHeartRadio Claiming dependents on your tax return can make a big difference in what you pay in taxes (or how big a refund you get). Stimulus impact on the Child Tax Credit for 2021 Child Tax Credit Changes The American Rescue Plan raised the maximum Child Tax Credit in 2021 to $3,600 for qualifying children under the age of 6 and to $3,000 per child for qualifying children ages 6 through 17. Before 2021, the credit was worth up to $2,000 per eligible child,

Each stimulus check has different definitions and rules around dependents. Here's the latest you need to know about the third payment, tax implications and beyond.

The third stimulus payment has new rules for dependents that could bring more money to families this time. Here's why.