Lack of awareness will cost child tax credit

Low Awareness of Child Tax Credit Payments Could Exclude Poorest American Households

The child benefit payments, set to begin on July 15, requires typical non-filers to register with the IRS.

The Biden administration announced Monday, May 17 that 39 million American families will begin receiving monthly payments on July 15 as part of the expanded child tax credit passed in the American Rescue Plan.

The child benefit will begin disbursements of $250 – $300 per child each month until December, with the remaining 6 months worth of payments reaching parents as a lump sum payment in 2022.

However, a majority of Americans are unaware of the benefit according to a recent poll conducted by Data For Progress. 53 percent of the poll’s respondents expressed knowing little or nothing about the monthly payments, which are expected to cut child poverty in half.

The IRS says that 88 percent of children

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