To help people get through the COVID-19 pandemic, the American Rescue Plan massively expanded the Child Tax Credit (CTC). It will give most families $3,000 to $3,600 per child, even if the families have little or no income.
- In 2021, families can get:
- $3,600 ($300 a month) per child for children ages 0 to 5.
- $3,000 ($250 a month) per child for children ages 6 to 17.
- IRS should start paying these benefits monthly in July 2021. Most families will get $250 to $300 a month per child from July through December 2021. Families will get the remaining $1,500 to 1,800 per child when they file their 2021 taxes in Spring 2022.
- The Child Tax Credit will not affect your Medicaid, SNAP/Food Stamps, TANF Cash Assistance, SSI or other public benefits.
- To be eligible, children must:
- Have a Social Security Number.
- Live with you for at least half of the year.
- Be under age 18 as of December 31, 2021.
- Children are eligible if they are your children, adopted children, stepchildren, half-siblings, foster children, grandchildren, nieces or nephews, or certain other relatives.
- The adult filing taxes must have a Social Security Number or an Individual Taxpayer Identification Number.
- You do not need to have any earnings to get this credit. Families will qualify for a full credit if their income is below $75,000 for single filers, $112,000 for people filing as head of household, or $150,000 for people who are married and filing jointly.
- File taxes! You can still file even if you missed the May 17th deadline!
- File Now:
- If you did not file taxes in 2019 or 2020
- Even if you do not usually file
- Even if you do not have earnings.
- Free tax assistance is available through Campaign for Working Families
Want to read more? Check out this FAQ about the CTC.