Families who received the child tax credit last year should keep an eye out for this letter from the IRS. Families who earned the expanded child tax credit last year could expect their 2021 taxes to look somewhat different. This is because the monthly payments made to millions of eligible households from July to December […]
(CSU) – As Joe Biden’s plan for domestic policy continues to change, there may be good news for parents. Democrats and Republicans agree on the framework of a deal. The Democrats agreed to give people who have kids a credit they can use for one more year. The American Rescue Plan increased the tax credit.
Child Tax Credit 2022: What We Know So Far Read More »
Starting on November 1, the IRS will have a program that lets people get updates on their tax credit payments. They can do it through the Child Tax Credit Update Portal on their website. The IRS announced today that they would launch a new Spanish-language version of the CTC UP. This will help families plan.
Deadline for Income Change Reporting for Child Tax Credit Looming Read More »
