The IRS will begin paying the following child tax credits on September 15th

The third round of child tax credits by millions of American families will begin on Wednesday.

According to the IRS, September payments will begin on the 15th.

The government announced last month It worked on a new internet site to help more Americans apply for and receive an expanded child tax credit.

Credit is a monthly payment of up to $ 300 per child that was part of the Coronavirus Relief Package.

GetCTC.org Developed by Code for America in collaboration with the White House and the Treasury. The goal is to provide a simple online form accessible from your mobile phone for those who are not legally required to file a tax return to apply for a tax credit because they are not making enough money.

President Joe Biden’s $ 1.9 trillion COVID-19 aid included an increase in child tax credits and extended to non-taxable families. Parents of children under the age of 6 can receive $ 3,600 a year, some of which can be paid for $ 300 a month. Each child between the ages of 6 and 17 is eligible for $ 3,000 per year or $ 250 per month.

The expanded child tax credit will expire after a year, but Biden has proposed extending it until 2025 and hopes it will be permanent.

Plugin our information to get the child tax credit Click here for child tax credit calculator..

Contributed by The Associated Press.

Copyright © 2021 WLS-TV. all rights reserved.



The IRS will begin paying the following child tax credits on September 15th

Source link The IRS will begin paying the following child tax credits on September 15th

The post The IRS will begin paying the following child tax credits on September 15th appeared first on Illinois News Today.

No comments:

Post a Comment