Low-income families can still claim a child tax credit

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  • Low-income families can still claim monthly advance child tax credit payments.
  • The IRS stated that there are many people who do not have the obligation to file taxes and perhaps because of this they could be missing the opportunity to apply for the help.
  • They need to use the IRS online tool (Non-Filer Sign-up).

Low-income families can still claim the monthly advance payments corresponding to the child tax credit that will be reflected in their taxes, reported the Internal Revenue Service (IRS).

This Monday, the agency assured that low-income families can still request the payments that the US Senate approved last March as a way to financially help families in the care of their children during the pandemic.

Low-income families can still claim a tax credit

Low-income families can still claim a tax credit
Photo: Shutterstock

Under the provisions of the American Rescue Plan, eligible families will receive up to $ 1,800 in advance payments that will be distributed in six installments between July and December.

Since July 15, the IRS began distributing Child Tax Credit checks to some 36 million families in USA. The good news is that many families who have not yet registered, have time to do so and the IRS explained how to do it.

How to apply for the credit?

Photo: Shutterstock

The IRS recalled that there are many people who are not required to file a tax return and perhaps because of this they could be missing the opportunity to apply for federal aid, for which they only need to use the online tool (Non-Filer Sign-up) that allows all citizens to explore eligibility for those payments, EFE reported.

“Some individuals who are not required to file a tax return may be eligible for the economic impact payments of $ 1,400 per person,” the agency added.

How to confirm if I am eligible?

Low-income families can still claim a tax credit
Photo: Shutterstock

In fact, the IRS reminded that people can get these federal benefits even if they don’t work, have no income, or don’t have a permanent address. So the best way to confirm if you are eligible is by using the “Child Tax Credit Eligibility Assistant“.

It is a tool in SPANISH, which will help families determine whether or not they are eligible for these payments. “Before filing a return or using the Non-Filer Sign-up tool, families unsure if they qualify for the credit or prepayments may want to use another new tool: the Child Tax Credit Eligibility Assistant. ”Advises the agency.

How do I enroll in the program?

Low-income families can still claim a tax credit
Photo: Shutterstock

By answering a few questions, you can do a preliminary review to see if you qualify for payments; but “Child Tax Credit Eligibility Assistant”Is not an enrollment tool.

So later you will have to use the Non-Filer Sign-up tool to enroll in the program and be able to receive monthly advance payments, which would include six installments of up to $ 300 for each child under the age of 6, and up to $ 250 for each child between the ages of 6 and 17. These payments would generally arrive on the 15th of each month.

If you signed up just in August for the Child Credit, you can still receive $ 3,300

Alert about changes in the Child Tax Credit
PHOTO Shutterstock

Good news! If you haven’t done it before and you signed up just in August for Child Tax Credit payments, you could still get $ 3,300 in help.

The Internal rents service (IRS) delivered on July 15 and August 13 the first two monthly checks of up to $ 300 dollars to citizens who qualify for the Child Tax Credit, although some families had not registered and are wondering: How much do I have?

If you signed up just in August for the Child Credit, you can still receive $ 3,300

If you signed up just in August for the Child Credit, you can still receive $ 3,300
Photo: Shutterstock

The third check of the Tax Credit for children will be delivered in a few days, the next September 15, and families who have just signed up for the aid will get slightly higher payments as the agency will try to catch up on outstanding checks.

The tax collection agency has indicated that many of the families who normally do not file taxes because of low annual wages have not signed up for the program, even though they may qualify. It is essential that they do so as soon as possible in order to receive up to $ 3,300!

Register as soon as possible to receive payments

If you signed up just in August for the Child Credit, you can still receive $ 3,300
Photo: Shutterstock

Payments of the Tax Credit for children are expected to be delivered in 6 monthly installments, between July and December; But in order to receive the aid (even if it is already a little behind) the family must enroll in the program and leave their information to the IRS so that they can issue the checks that correspond to them.

The agency explained that “the total payment will be spread over five months, instead of six, making each monthly payment larger.” In this way they would receive the same amount as the rest of the families, but condensed into fewer installments. “For these families, each payment is up to $ 360 per month for each child under the age of 6 and up to $ 300 per month for each child ages 6 to 17,” the IRS said.

IRS catches up on pending payments

If you signed up just in August for the Child Credit, you can still receive $ 3,300
Photo: Shutterstock

True, the IRS will try to catch up on all outstanding payments, either because families have been late in registering or agency delays. The truth is that these families will receive checks with larger amounts to try to make up for the lack of the first payments.

The bad news is that to receive the next check on September 15, families have until August 30 to register as beneficiaries. In addition, the non-contributor portal will only be available until October 15, 2021, as indicated by the IRS.

What happens if a family does not register on time?

Photo: Shutterstock

If an eligible family fails to enroll on time, they will not be able to receive the monthly checks, but they will still have the ability to claim the full amount of up to $ 3,300 of the Child Tax Credit on a tax return next year, he recalled. The opinion.

Low-income families can still claim a tax credit.

The post Low-income families can still claim a tax credit appeared first on Hispanic World.

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