Sokaogon Chippewa Community News

Child Tax Credit

The Child Tax Credit in the American Rescue Plan provides the largest Child Tax Credit ever, and historic relief to the most working families ever. Most families will automatically receive monthly payments without having to take any action.

For those with children, the American Rescue Plan increased the Child Tax Credit from $2,000 per child to $3,000 per child for children over the age of six, and from $2,000 to $3,600 for children under the age of six, and raised the age limit from 16 to 17.

All working families will get the full credit if they make up to $150,000 for a couple or $112,500 for a family with a single parent (also called Head of Household).

If you’ve filed tax returns for 2019 or 2020, or if you signed up to receive a stimulus check from the Internal Revenue Service, you will get this tax relief automatically. You do not need to sign up or take any action.

If you didn’t make enough to be required to file taxes in 2020 or 2019, you can still get benefits. Low-income families with children are eligible for this crucial tax relief – including those who have not made enough money to be required to file taxes.

If a couple makes under $24,800, a Head of Household makes under $18,650, or a single filer makes under $12,400, and have not filed taxes, click here to use a simple, easy tool to sign up for the Child Tax Credit.

Starting on July 15th, and through the rest of the calendar year, payments will be monthly (direct deposit for 80% of families, and through the mail for others) at $250 per child between ages 6 and 17, or $300 per child for children under the age of 6.

View more information here.