The federal government launched a revamped website on Monday — on the first day of tax-filing season — to help those eligible for the expanded child tax credit under the pandemic relief bill. last year to claim the second half of the payment owed to them.
The site, ChildTaxCredit.gov, offers a new tool that directs taxpayers to filing options, eligibility information and instructions on how to obtain the credit, according to the Treasury Department. Virtual and in-person support will be provided in multiple languages.
The child tax credit was expanded as part of President Joe Biden’s $1.9 trillion coronavirus relief package, which included a monthly payment of up to $300 per child. Since the payments were first issued in July, the Treasury and the IRS have issued about $93 billion to tens of millions of families, according to the Treasury. And in December, 61 million children received the enhanced benefits.
Families received half of their 2021 expanded credit on a monthly basis and the other half will be received once they file their taxes. The enhanced portion of the child tax credit program has since lapsed. For the 2022 tax year, the child tax payment reverts to $2,000 per year per eligible child, which in 2022 extends the age eligibility to 17.
The Biden administration has proposed extending the enhanced child tax credit for another year in its roughly $2 trillion social spending plan, but that bill is stalled in Congress.
“As tax filing season begins, the Treasury’s priority is to ensure that eligible families can receive the full child tax credit,” Deputy Treasury Secretary Wally Adeyemo said in a statement. writing.
“This relief has helped families pay for essentials when they need them most and get the second half, or the full amount, of the credit that millions of children can continue to benefit from,” he said. -he declares.
In a call Monday with reporters and tax experts, IRS Commissioner Chuck Rettig reiterated the importance of taxpayers filing accurate tax forms electronically and the efficiency of filing refund requests. direct.
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