Dear Neighbor,
Beginning tomorrow, July 15, millions of working families will begin to receive automatic Monthly Child Tax Credit Payments of up to $300 per child through the end of this year.
This massive tax relief is part of the American Rescue Plan, and it will help set our children up for success and put more money in the pockets of hardworking parents to pay for child care or put gas in the car so they can go to work and help fuel our economy while building better lives for their families.
- Most hardworking families should get their monthly payments automatically beginning July 15 with no further action required.
- Families who did not file a tax return for 2019 or 2020 and who did not use the IRS Non-filers tool last year to sign up for the Economic Impact Payments, should go online and use the IRS Child Tax Credit Non-filer Sign-up Tool to sign up today.
How Much Is the Child Tax Credit Expansion?
The American Rescue Plan expanded the Child Tax Credit to up to $3,600 per child for children ages 0 to 5, and $3,000 per child for children ages 6 to 17.
The American Rescue Plan also authorized advance monthly payments of the Child Tax Credit through December 2021. Beginning in July and running through December, qualifying families can get up to:
- $300 a month per child for children ages 0 to 5.
- $250 a month per child for children ages 6 to 17.
Families will get their remaining expanded Child Tax Credit when they file their 2021 tax return.
Who Qualifies?
Families will qualify for a full credit if their income is below $75,000 for single filers, $112,000 for people filing as head of household, or $150,000 for people who are married and filing jointly.
Nationwide, roughly 39 million households, covering almost 90 percent of children in the United States, will begin getting this tax relief automatically. Here in VA-11, an estimated 38,100 hardworking households, covering 63.4 percent of all children in our community, are eligible.
How Do I Get My Payment?
Nearly all hardworking families should get their monthly payments automatically beginning July 15 with no further action required. If you’ve filed tax returns for 2019 or 2020, or if you signed up to receive an Economic Impact Payment from the IRS, you will get this tax relief automatically. You do not need to sign up or take any action.
Families who did not file a tax return for 2019 or 2020 and who did not use the IRS Non-filers tool last year to sign up for the Economic Impact Payments, should go online and use the IRS Child Tax Credit Non-filer Sign-up Tool to sign up today.
Families who got their refunds from the IRS through direct deposit will get these payments in their bank accounts around the 15th of every month until the end of 2021. People who don’t use direct deposit will receive their payment by mail around the same time.
Families can determine their eligibility, check the status of their payments, and more at IRS.gov/childtaxcredit2021.
To learn more, visit www.ChildTaxCredit.gov.
Please continue to take care of yourselves and each other, and remember that my office is here to help. Be sure to visit my website for more information and resources. If you have any questions or concerns, or if you need assistance, please don't hesitate to call us at (703) 256-3071.