Chandler & Richter, P.A., CPAs Accounting News
PPP Loan and Unemployment Compensation – Taxable or Not Taxable for North Carolina The Paycheck Protection Program (PPP) Loan and Unemployment Compensation for the first $10,200 is not taxable on your Individual Federal Tax Return. North Carolina Legislature has not...
For qualifying children the Child Tax Credit payment for 2021 is as follows:
Children ages 5 or younger you will receive $3,600
Children from the ages of 6 to 17 you will receive $3,000
Dependents 18 and older you will receive $500