- House Democrats want tax credits to last longer.
- They push for extending $300 Child Tax Credit payments until 2025.
- In March, the Biden administration expanded the child tax credit benefit from $ 2,000 to $ 3,600, but this was a temporary measure.
House Democrats want tax credits to last longer, so they push for extending $300 Child Tax Credit payments until 2025.
On Friday night, the House Ways and Means Committee published a plan to extend the aid, which is also in line with the proposal that the president of the United States had already presented.
Democrats ask to write checks for $ 300 of the Child Tax Credit until 2025
With the American Rescue Plan approved in March, the Biden administration expanded the child tax credit benefit from $ 2,000 to $ 3,600; But this was a temporary measure due to the pandemic and it will last only for this year.
Various organizations and studies have shown that aid directly impacts poverty rates. So the president has been willing to extend the program until 2025, he said. The Sun.
Improving poverty rates
Extending the Child Tax Credit after 2021 could dramatically reduce poverty, indicates a recent study by Gregory Acs, vice president of income and benefits policy at the Urban Institute, and Kevin Werner, research analyst at the Center for Income and Policy Policies. benefits at the Washington DC think tank.
The study found that child poverty would fall to about 8.4% from 14.2%, that is, it would fall by approximately 40%. “Even after the pandemic ends, we will still have a child poverty rate that is typically just over 14 percent,” explained Elaine Maag, a researcher at Urban-Brookings. “But if we were to keep this child tax credit, we could reduce it closer to 8 percent.”
No papers needed!
The good news is, no papers are needed! Immigrants may qualify to receive the Child Tax Credit checks, which are being issued in advance from July to December in six installments of up to $ 300 per month.
While it is true that immigrants have not been able to benefit from other programs during the pandemic, such as benefits for unemployment or the economic stimulus checks, they will be able to receive the payments of the Tax Credit for Children.
Immigrants can qualify for this check
The big question is: What do I have to do to receive this help? Some citizens who file their taxes with a Personal Taxpayer Identification Number (ITIN) will not have to take any action to receive the benefit if they qualify for it.
However, other immigrants who do not usually file taxes with the Internal Revenue Service (IRS) will have to register for the program through the IRS website in order to receive the help they are entitled to.
Enroll in the Child Tax Credit as illegal immigrants
Enrolling in the Child Tax Credit as an illegal immigrant is entirely possible. For this, families must verify if they qualify in the Eligibility Assistant found on the IRS page.
Receive help as a mixed status family
Mixed-status families have doubts about the possibility of receiving the money, especially after some reported that they were marked as ineligible for no apparent reason, it reported. The Sun. The truth is that the IRS confirmed that it had presented some of the problems that affected the distribution of payments to people with ITINs.
Delays have also been reported due to errors in the taxpayer’s banking information, or due to errors in the applications. In all cases, if the family is eligible, the IRS will send the appropriate funds to them.
Children of undocumented immigrants do qualify
Being a mixed status family does not exclude you from receiving the benefit. Previously yes, but last March the US Senate expanded the program and this year undocumented parents with children who are US citizens will be able to apply for the assistance.
According to the IRS, a “problem” caused families with parents filing with (ITIN) not to receive the first check in July. However, they assured that they would catch up with the arrears.
What are the next dates for delivery of Child Tax Credit checks
The IRS sent the first check on July 15 and the second on August 13. Now there are just days left for the third round of payments of the Child Tax Credit, as the money will arrive through a direct deposit to a large part of the recipients the next September 15. Other citizens may receive it days later if your check was sent by mail.
According to the agency, the payment schedule is: July 15 (already sent), August 13 (sent that day because 15 fell on Sunday), September 15, October 15, November 15, and finally December 15 . Although by 2022 a seventh check would be pending. All of these payments are verifiable through the IRS online portal.
The post Democrats ask to write checks for $ 300 of the Child Tax Credit until 2025 appeared first on Hispanic World.