Henry Cuellar

05/11/2021 | Press release | Distributed by Public on 05/11/2021 11:06

REP. CUELLAR URGES HARDWORKING FAMILIES TO FILE TAXES BEFORE MAY 17 TO GET THEIR ADVANCE CHILD TAX CREDIT PAYMENTS AS SOON AS POSSIBLE

Laredo, TX - Congressman Cuellar (TX-28) is urging hardworking families in Texas's 28thCongressional District to file their taxes before the upcoming May 17thdeadline to ensure they receive the accurate amount in new advance monthly Child Tax Credit payments they are entitled to as soon as possible.

As part of the American Rescue Plan Cuellar helped pass, families could get monthly payments of up to $300 per child beginning as soon as July. Congressman Cuellar says the best way to ensure eligible families receive their payments is to file a 2020 tax return - even if they don't have earnings to report or don't normally file - because the Internal Revenue Service (IRS) needs information from tax returns in order to calculate and issue advance monthly payments.

  • Families can get free help preparing and filing their taxes through the IRS Volunteer Income Tax Assistance - find your nearest location here.
  • 231,000 children in TX-28 could benefit from the advance monthly payments. That's 95.1% of all children in TX-28.
  • 59,800 households in TX-28 could get an average total benefit of $3,700.

'Advance monthly payments of the Child Tax Credit will help set America's children up for success and put more money in the pockets of hardworking parents sooner, to pay for childcare or put gas in the car so they can go to work and help fuel our economy while building better lives for their families,' said Congressman Cuellar. 'The best way to make sure you and your family get the correct amount as soon as possible is to file a 2020 tax return, before May 17th - even if you don't normally file.'

How Much are the Child Tax Credit Advance Monthly Payments?

The American Rescue Plan expanded the Child Tax Credit to up to $3,600 per child for children ages 0 to 5 and $3,000 per child for children ages 6 to 17.

The American Rescue Plan also authorized advance monthly payments of the Child Tax Credit through December 2021. Beginning as soon as July and running through December, qualifying families can get up to:

  • $300 a month per child for children ages 0 to 5.
  • $250 a month per child for children ages 6 to 17.

Families will get their remaining expanded Child Tax Credit when they file their 2021 tax return.

Who Qualifies for the Child Tax Credit Advance Monthly Payments?

  • 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.
  • 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, and
    • Be claimed on your tax return.
  • 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.

How Can Families Get Help Preparing and Filing their Taxes for Free?

Free tax preparation services are generally available until the tax filing deadline. Families should file their taxes before the May 17th deadline even if they do not have earnings to report or do not normally file, because the IRS needs information from tax returns in order to calculate and issue advance monthly payments.

  • IRS Volunteer Income Tax Assistance: Families can get free help preparing and filing their taxes; find your nearest location here.