Center on Budget and Policy PrioritiesOpinion

Advance Tax Credits Can Help Families Deal With Inflation, Affordability

States can help families afford the rising cost of basic needs by considering legislation that gives families the option to ...
FOX 5 Atlanta

Child tax credit: Families who have higher 2021 earnings can opt out

WASHINGTON - The Internal Revenue Service is giving families enrolled to receive monthly child tax credit payments the option to opt out if they are earning more in 2021 than they were in 2019 and ...
abc7NY

Child tax credit 2021: American parents could owe money after monthly payments conclude

HOUSTON, Texas -- No more monthly child tax credit payments are coming, but the IRS is sending more information to parents, which could help them figure out if they owe money on their taxes. LETTERS ...
abc7NY

Child tax credit payments set to go out Monday; could be next-to-last unless Congress acts

WASHINGTON -- The latest round of monthly child tax credit payments is scheduled to be distributed to tens of millions of families on Monday. And it could be the next-to-last one unless Congress acts.
National Academies of Sciences%2c Engineering%2c and Medicine

Federal Tax Credits in 2021 Lifted More than 2 Million Children Out of Poverty, Says New Report

WASHINGTON — The temporary expansions of the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) as part of the American Rescue Plan Act of 2021 reduced child poverty in the United States ...
Health Affairs

Expanded Child Tax Credit Payments During Pregnancy Were Associated With Decreased Odds Of Adverse Birth Outcomes

The 2021 expanded Child Tax Credit (ECTC) provided families with six monthly cash transfer payments disbursed between July and December 2021, with the goal of alleviating financial strain during the ...