July 15th, 2021 by WCBC Radio

In order to raise awareness about the Child Tax Credit payments that will begin today, Representative David Trone (MD-06) hosted a virtual presentation with Rob Bader, the Director of Tax Operations at the CASH (Creating Assets, Savings, and Hope) Campaign of Maryland. This nonprofit focuses on promoting economic advancement for low income individuals and families across Maryland. You can watch the event here.

 

“The American Rescue Plan’s new and improved Child Tax Credit is an historic investment in our nation's children,” said Representative David Trone. "By putting more money in the pockets of hardworking parents, we are setting future generations up for success. Families across the United States will now receive monthly payments so that they can afford to put food on the table, save for their child’s college fund, and afford quality child care.”

 

The event served as a way for Marylanders to learn more about the new 2021 Child Tax Credit. Topics that were covered included the amount of money each filer could receive, ways to find out if you qualify, how to avoid scams, and information about the tools and portals that the IRS has provided.   

 

Who will benefit from the Child Tax Credit in Maryland’s Sixth District?

Benefits from the Child Tax Credit will now reach 130,500 children in Maryland’s Sixth District, directly lifting 6,400 children in our community out of poverty. The American Rescue Plan expanded the Child Tax Credit and allows qualifying families to receive advance monthly payments of up to $300 a month per child for children ages 0 to 5 and $250 a month per child for children ages 6 to 17. Payments begin today, July 15th, and run through December. 

 

Individuals can visit the Child Tax Credit Eligibility Assistant tool if they want to find out if they qualify for the credit. If your household did not file a tax return for 2019 or 2020, please use the IRS Child Tax Credit Non-filer Sign-up Tool. Generally speaking, those that qualify include: 

• A single filer that makes below $75,000
• A head of a household with an income below $112,000
• Married and jointly filing couples with an income of below $150,000