- Undocumented children with Individual Taxpayer Identification Number (ITIN) could get this help from the government
- The proposal mainly proposes that the Child Tax Credit (CTC) be distributed to all taxpayers equally, immigrants or not, who qualify
- Thus they would be granted a tax aid of up to $ 3,600 annually to undocumented children whose families have ITINs
$ 3,600 DOLLAR CHECK: Undocumented children with Individual Taxpayer Identification Number (ITIN) could get this help with one of the “flagship” programs that the Biden government promotes for immigrants as part of its Build Back Better proposal.
This $ 1.75 billion bill presented by Senate Democrats could provide tax relief of up to $ 3,600 annually to undocumented children whose families have ITINs, if it can advance and be approved in the US Congress.
$ 3,600 check: Undocumented children can get this help
The Biden administration’s proposal primarily proposes that the Child Tax Credit (CTC) be distributed to all taxpayers equally, immigrants or not, who qualify. The new bill would then repeal the requirement to have a Social Security Number.
This would represent profound changes in the fiscal policies of the United States and would open the opportunity for Undocumented immigrants also opt for public benefit that grants a tax credit for each child residing in the country, said La Opinion.
Help also for undocumented children
The last modifications to the Child Tax Credit were made by the Republicans in 2017, but by that time when they modified the Employment and Tax Cuts Act, they did not contemplate children whose parents have ITINs and who are usually undocumented, indicated the Institute of Fiscal Policy and Economic (ITEP).
According to ITEP estimates, the approval of this plan could be of great help to families of more than one million children. The final reform of the Child Tax Credit has not yet been drafted, but it is expected that it will include the ITIN as a requirement and not exclusively the Social Security Number, to later be approved under the Reconciliation process.
Mixed immigration status families
Ashley Burnside, a policy analyst at the Center for Law and Social Policy, told NBC News that generally “these children are families of mixed immigration status who can benefit greatly from having these benefits just like all families” in the United States.
With the American Rescue Plan, the Child Tax Credit it was expanded this year to provide up to $ 3,600 for children under 6 years of age and up to $ 3,000 for children between 6 and 17 years of age. This year it also had the peculiarity that the aid began to reach the beneficiaries in advance in checks from July to December 2021.
Child Tax Credit up to 24 years old!
The IRS sends advance monthly checks to millions of families and plans to continue to do so on the 15th of each month through December. The tax collection agency has only two outstanding checks to send: the one for November 15 and the one for December 15.
Child Tax Credit payments are available to families with children Up to 24 years! While advance monthly checks are only intended for young people up to 17 years old, there is also a lower amount aid for older ones, The Sun noted. Congressman Steve Cohen explained that “age is determined on December 31, 2021. If your child turns 18 this year, then he is not eligible for the monthly Child Tax Credit. However, the American Rescue Plan provided a one-time $ 500 credit for dependent children age 18 and for dependent full-time college students ages 19-24. “
Do I qualify for assistance?
According to the IRS, couples earning less than $ 150,000 annually or single parents earning less than $ 112,500 annually qualify for maximum aid. Parents of dependent youth ages 17 to 24 also qualify for $ 500.
The American Rescue Plan indicates that this year eligible families will receive a total of up to $ 1,800 for each child under the age of 6, and up to $ 1,500 for each child between the ages of 6 and 17. That is, the monthly advance payments that will arrive between July and December will be up to $ 300 for children under 6 years old and up to $ 250 for children between 6 and 17 years old.
How does the Child Tax Credit work?
According to legislation passed in March, families will receive up to $ 3,600 for each child under 6 years of age and up to $ 3,000 for each child between 6 and 17 years old. The first half of that money will come through the six monthly advance payments from July to December. Parents will have to claim the $ 1,800 remaining next year when they file their 2021 tax return.
To determine your eligibility, the IRS is using the information you provided on your 2020 or 2019 taxes. If you are still unsure whether or not you qualify to receive these checks, the IRS recommends using the Eligibility Wizard for advance payments. of the Child Tax Credit. They will ask you for some personal information in order to confirm if you are eligible or not.
Refuse help or make modifications safely
Some families prefer to decline assistance or change their payment method from physical check to direct deposit. For the payment of the month of October it is already late, but if you plan to make a modification later, you can follow the following calendar: until November 1 for the payment of November 15 and until November 29 for the payment of the 15 from December.
To safely make these changes, the IRS recommends visiting the Child Tax Credit Advance Payments in 2021 site where individuals will be able to get more details that allow them to seamlessly make changes to the Child Tax Credit Update Portal. sons”. Some families could receive up to $ 16,000 for the care of their children.
Some families could receive up to $ 16,000 for the care of their children
Some families may receive up to $ 16,000 for the care of your children as part of the Child Tax Credit (CTC) and this amount has nothing to do with the monthly checks advanced. According to the IRS, this assistance is “a credit allowed for a percentage of work-related expenses incurred by a taxpayer for the care of qualified persons to enable him to work or look for work.”
As of July 15, the IRS began providing families with monthly advance checks of up to $ 300 for each child under the age of 6 and up to $ 250 for each child between the ages of 6 and 17. They only have November and December pending. But the help for families does not end there, because the CTC also provides for each family that wins less than $ 125,000 the equivalent of 50% of the expenses incurred for the care of a child under 13 years of age or of a spouse, parent or dependent who cannot care for himself, up to a maximum amount of $ 8,000 dollars.
Receive up to $ 16,000
Payment of up to $ 8,000 is stipulated for the care of a single dependent, but if a family cares for two or more eligible dependents, then they can receive assistance of up to $ 16,000 dollars that allow them to cover the expenses they have for the care of these relatives.
Of course, these would be the maximum aid amounts that would be awarded to eligible families earning less than $ 125,000 annually. However, if a family earns between $ 125,000 and $ 183,000 annually, it could still qualify, although it would only receive the equivalent of 20% of the expenses, explained iHeart.
How to claim my $ 8,000 dollars?
The Internal Revenue Service has indicated that to receive the monthly checks of the Tax Credit for Children the beneficiaries do not have to take any action; But to receive help for the care of a dependent is different and you will have something to do.
Families will need to complete the Form 2441, where they show their income and give information on the expenses they incur for the care of their dependents. $ 3,600 check: Undocumented children could get this help.