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Congresswoman Joyce Beatty

Representing the 3rd District of Ohio

Beatty-Backed Expanded Child Tax Credit Hitting Bank Accounts

Jul 15, 2021
Press Release

COLUMBUS, OH—U.S. Congresswoman Joyce Beatty (OH-03) visited Brightside Academy Ohio yesterday evening to speak with families in Ohio’s Third Congressional District about advance monthly payments of the Child Tax Credit (CTC) (of up to $300 per child) beginning today (July 15th) through December. The remaining tax credit is contingent on filing a 2021 tax return. The enhanced CTC was a major component of the American Rescue Plan, P.L. 117-2, a piece of legislation Beatty helped pass in Congress.

“The expanded Child Tax Credit is all about setting Central Ohio children up for success and putting more money in the pockets of hardworking parents to pay for childcare or put gas in the car, so that they can go to work and help fuel our economy—while also building better lives for their families,” Beatty said. “Tomorrow, countless families will wake up to the welcome news that they received a monthly payment, but it is imperative individuals file a 2021 tax return—no matter their circumstances—to ensure that they obtain the full financial support they are entitled to under the American Rescue Plan.”    

According to data compiled by Co-Equal, a stunning 91.3 percent of children in the district will benefit economically from the enhanced CTC. Moreover, 53,000 households will see an average total benefit of $3,300.   

More information on the CTC, including frequently asked questions, is below:

How much are CTC advance monthly payments?

The American Rescue Plan expanded the CTC to up to $3,600 per child under five-years-old and $3,000 for children between the ages of 6 and 17. The measure also authorized advance monthly payments of the CTC through December 2021. Families will get their remaining expanded CTC when they file their 2021 tax return.

Who qualifies for CTC advance monthly payments?

Taxpayers will qualify for the full credit if their income is below $75,000 for single filers, $112,000 for head of household, or $150,000 for joint filers. To be eligible, children must: have a Social Security number, reside with the individual claiming them for at least half of the year, and be under 18-years-old as of December 31, 2021. Biological children, adopted children, stepchildren, half-siblings, foster children, grandchildren, nieces or nephews, and certain other relatives are eligible. In addition, the adult filing taxes must possess a Social Security Number or an Individual Taxpayer Identification Number (ITIN).

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