Families who received the advanced child tax credit payments are seeing smaller refunds, and that’s making it tough to afford everything else their family needs.
DENVER — Tax season looks a little different this year for the millions of families who received the expanded monthly child tax credit payments last year.
“There's been a huge increase in requests for shelter and rental assistance for people who are struggling to pay rent,” said Rebel Rodriguez, the Shelter Operations Manager with Family Promise of Greater Denver. Congress raised existing credit from $2,000 up to $3,600 per child for ages 5 and younger and $3,000 for each child aged 6-17.
The advanced payments were meant to help families who couldn’t afford to wait for their tax refund, and it worked. According to the Columbia Center on Poverty and Social Policy, 3.7 million more children were living in poverty in January than in December. That’s a 5% increase in just one month.First, check for other tax deductions like credits for childcare expenses or for self-employed workers who pay their own health insurance.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Child ziplining in Costa Rica collides with slow-moving sloth hanging onto cableA child zooming down a zipline through a rainforest in Costa Rica collided with a slow-moving sloth clinging the cable.
Read more »
NYPD Neighborhood Safety Teams make 'poster child' arrest in Bronx on 1st nightIn the very first night of operation, NYPD officers from the newly formed Neighborhood Safety Teams stopped a reputed Bloods gang member in the Bronx and recovered an illegal loaded ghost gun.
Read more »
Former North County substitute teacher sentenced to prison for child porn possessionAndrew Primes, who substituted at Poway Unified and San Dieguito Union High School districts, must also register as sex offender for life
Read more »
Child ziplining in Costa Rica collides with slow-moving sloth hanging onto cableA child zooming down a zipline through a rainforest in Costa Rica collided with a slow-moving sloth clinging the cable.
Read more »
UPDATE: 11-Year-Old Child Killed in I-65 Pileup in Lowndes County - Alabama NewsAlabama State Troopers say an 11-year-old child was killed in a six-vehicle pileup on Interstate 65 in Lowndes County. alnews alabamanewsnetwork
Read more »
Missing Child Known as ‘Little Miss Nobody' Identified Over 60 Years Later“Little Miss Nobody” finally has a name.
Read more »