If you have an eligible and dependent child, the IRS gives you a tax credit that is either subtracted from your taxable amount or sent to your bank account as a tax refund. According to the White House, the Child Tax Credit is intended to help American families to raise their...

Over the past 4 years, the IRS has handed out an average tax refund of $2,600 to eligible taxpayers. For the tax year 2020, the IRS says that it paid an average of $2,827 in tax refunds. That is, by no means, a small amount and you can ensure that you get a refund in that range every...