To make up for missed child tax payments in January, lawmakers may decide to issue new payments.
According to White House Press Secretary Jen Psaki, President Joe Biden is working on a bill that, if passed, would restore the payments and compensate parents for the money they won’t see until January.
“If we get it done in January, we’ve discussed with Treasury officials and others the possibility of doing double payments in February,” she said.
Following the end of direct 2021 check boosts, families may be eligible for new “$3,600 stimulus” payments when filing tax returns this year.
Despite the fact that most families received six advance child tax credit payments worth up to $1,800 per child in 2021, they could now receive up to $3,600 per child under the age of six when their tax returns are filed in April.
The payments are included in the tax credit for children and dependents. By covering other costs, the credit will assist families in providing care and support for their children.
Pаrents with children between the аges of six аnd seventeen cаn receive up to $3,000 per child.
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