Congresswoman Escobar Announces El Paso Families Will Receive Monthly Child Tax Credit Payments Starting Today
San Diego, CA, July 15, 2021
Tags: Economy and Jobs
Congresswoman Veronica Escobar (TX-16) announced that 53,800 El Paso households could expect to receive monthly Child Tax Credit payments beginning today, July 15th, 2021.
The Child Tax Credit was included as part of the American Rescue Plan Act, which Congresswoman Escobar voted to send to President Joe Biden’s desk in March 2021. The Child Tax Credit benefits hardworking families who are raising children.
“Help is here for 191,300 El Paso children and their families – nearly 94% of children in our community,” said Congresswoman Escobar. “Starting today, the American Rescue Plan will provide a historic and transformational relief to roughly 39 million American households – including 53,800 in El Paso. This tax cut delivers on my promise of helping set our children up for success and putting more money in the pocket of hardworking El Pasoans.”
According to data compiled by Co-Equal and published by the House Appropriations Committee, 53,800 El Paso households, covering 93.9% of all children in Texas’ 16th Congressional District could get up to $300 per month, per child from July 2021 to December 2021.
The expanded and improved Child Tax Credit will lift 16,000 children out of poverty in El Paso and because of the larger benefit for the most young, 5,800 kids under the age of six will be raised out of poverty in El Paso.
How Much Is the Child Tax Credit Expansion from the American Rescue Plan?
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 in July 15th, 2021, qualifying families can get up to:
Families will get their remaining expanded Child Tax Credit when they file their 2021 tax return.
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.
How Do I Get My Payment?
Watch out for scams
The IRS urges everyone to be on the lookout for scams related to both Advance Child Tax Credit payments and Economic Impact Payments. The IRS emphasized that the only way to get either of these benefits is by either filing a tax return with the IRS or registering online through the Non-filer Sign-up tool, exclusively on IRS.gov. Any other option is a scam.
Watch out for scams using email, phone calls or texts related to the payments. Be careful and cautious: The IRS never sends unsolicited electronic communications asking anyone to open attachments or visit a non-governmental web site.
To learn more about the Child Tax Credit payments, click here.