Subscribe Love

Child Tax Credit begins

by | Jul 15, 2021 | Latest

Initial payments of the expanded Child Tax Credit land Thursday in North Texans’ bank accounts, a provision that Congressman Colin Allred (District 32) supported in the American Rescue Plan.

The American Rescue Plan expanded and improved the credit so that it is partially issued in monthly payments averaging $250 per month per child, and $300 per month for a child under 6, Allred’s office stated in a release.

The tax credit was expanded from $2,000 to $3,600 for children under age 6 and to $3,000 for children ages 6 to 17. The child benefit will be based on parents’ 2019 tax return until they file their 2020 return, the release stated. Non-filers may still be eligible for this benefit and can assess their eligibility by accessing https://www.irs.gov/credits-deductions/child-tax-credit-non-filer-sign-up-tool.

Allred’s release stated an estimated 162,300 children, or 84.9%, in the 32nd district will benefit from expanded and improved Child Tax Credit.

From Staff Reports [email protected]

Subscribe Love

0 Comments

Related News

Veterans know freedom is never free

Veterans know freedom is never free

The Military Heritage Collection of North Texas, near Nevada, has thousands of artifacts on display including ordnance, uniforms, flags, weapons and vehicles. It doesn’t look like much from the outside, but a museum in the southeast corner of Collin County is a...

read more
Sachse High student arrested on murder charge

Sachse High student arrested on murder charge

GARLAND – Garland police are investigating a shooting in an apartment complex parking lot that left one man dead late Saturday night. Officers responded to reports of a weapons disturbance on West Buckingham Road just before 11:30 p.m. Upon arrival, they discovered a...

read more
J.K. Sachse Park funds approved

J.K. Sachse Park funds approved

Artist rendering of J.K. Sachse Park project. Courtesy image The Sachse City Council unanimously authorized City Manager Gina Nash on Monday to spend $1,138,898 to complete the J.K. Sachse Park project, which the city anticipates will be finished by the end of 2025....

read more
CCAD nominees approved by Commissioners Court

CCAD nominees approved by Commissioners Court

Collin County Commissioners Court on Monday approved a list of county residents who have been nominated by various taxing entities to serve on the Collin Central Appraisal District board of directors. An election is slated to occur no later than Dec. 15, at which time...

read more
Sachse High student arrested on murder charge

Sachse High student arrested on murder charge

GARLAND – Garland police are investigating a shooting in an apartment complex parking lot that left one man dead late Saturday night. Officers responded to reports of a weapons disturbance on West Buckingham Road just before 11:30 p.m. Upon arrival, they discovered a...

read more
GISD trustees hear FIRST report

GISD trustees hear FIRST report

Garland ISD officials announced a perfect financial management rating during the Board of Trustees meeting Tuesday, Oct. 22. The report highlighted the district’s performance for the 2023-24 assessment year based on the previous fiscal year’s data. GISD received a...

read more
Subscribe Love