What is the Child Tax Credit
Learn How to Get the Money Your Family Deserves
Starting July 15, 2021, the federal government will start rolling out The Child Tax Credit — a new opportunity that will benefit almost every family in Texas.
What is the Child Tax Credit?
In 2021, almost every family will be eligible for an additional Child Tax Credit to help families recover from the pandemic and support our youngest Texans. For most families, it will mean an extra $300 a month for each child under age six and $250 a month for those under age 17 (including new babies).
How does the Child Tax Credit work?
The Child Tax Credit is an addition to the usual Child Tax Credit you may have received in the past. However, the great thing about this is that more families are eligible than for other, similar relief programs. Single parents with incomes up to $112,500 and married couples with incomes up to $150,000 are eligible for the full benefit. Families making more than those income levels will receive a partial benefit, with only the highest earning families excluded.
How do I get my Child Tax Credit?
To help your family recover from this unprecedented time in our history, the Federal government will start direct depositing your credit, monthly, through December 2021, into the bank account on your personal taxes from 2020. The remainder of your credit can be claimed when you file your 2021 taxes. If you opted for a check, and want an electronic deposit, you can request it through the IRS website.
How do I get started?
If you didn’t file taxes with the US government in 2020, you can register online through the IRS Child Tax Credit Non-filer Sign-up Tool for the credit and payment.
We hope you don’t miss out on this incredible opportunity. Please share it with your friends and neighbors! If you don’t receive a payment in July 2021, make sure you reach out to the US Internal Revenue Service.
For more information and common questions on the Child Tax Credit, visit Frequently Asked Questions about the Child Tax Credit for Non-Filers.