The Internal Revenue Service (IRS) put a tool to work for people who don’t usually have to file taxes because their income is low and who are possibly eligible for monthly checks for the Child Tax Credit.
The tool is called Non-Filer Sign-up and it is similar to the one the agency used last year during the disbursement of stimulus checks due to the same situation: some households did not need to file taxes because their income is low and, therefore, the IRS did not have their data to send their money. Here you can access this tool, currently available in English.
And it can also be used so that those who have not yet received the third stimulus check of $ 1,400 can request it from the IRS, as well as to request the credit for the two aid checks disbursed last year.
“This tool provides a free and easy way for families who are not required to file a tax return to provide the IRS with the information they need to calculate and issue their Child Tax Credit advance payments if they are eligible. Often times These are families with little or no income and even the homeless, the rural poor and other homeless groups, “the IRS said.
It can be used specifically by people who did not file taxes on their 2020 and 2019 income, and who have eligible children. Child Tax Credit (CTC) in English. It is key to use it to get accurate bank information so that the IRS can make a direct deposit to you.
This year, eligible households will receive a credit of $ 3,600 for each child under the age of 6 and $ 3,000 for children between the ages of 6 and 17 under this ‘boosted’ credit. That means payments will be $ 300 per month between January and December for each eligible child under the age of 6 and $ 250 per month for each eligible child between the ages of 6 and 17.
Those monthly payments are equal to half of the total amount of the credit for which the person is eligible. The other half will be delivered when filing the income tax return for 2021, that is, in the tax season next year.
Here we explain everything related to it Child Tax Credit: