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Democratic Lawmakers Call for Permanent Expansion of the $3,000 Child Tax Credit
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Democratic Lawmakers Call for Permanent Expansion of the $3,000 Child Tax Credit
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HEALTH CARE BRIEFING: Biden Plans Order Amid Health-Care Mergers
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Joe Biden Endorses Deal On Infrastructure With Bipartisan Group Of Senators
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That s nothing to sneeze at.
More than 36 million families who may be eligible for the enhanced child tax credit will receive a letter from the IRS, as the agency ramps up its efforts to issue the payments starting in July.
“The letters are going to families who may be eligible based on information they included in either their 2019 or 2020 federal income tax return or who used the Non-Filers tool on IRS.gov last year to register for an Economic Impact Payment,” the agency said in a statement on Monday.
The $1.9 trillion coronavirus relief bill passed in March boosted the original child tax credit from $2,000 to as much as $3,600 per child until the end of the year. The IRS will begin distributing the additional pandemic aid on July 15 in the form of monthly payments through December.