Rep. Sean Casten

@RepCasten ↗

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Last Checked June 21, 2021

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Mon Jun 21 18:44:33 +0000 2021

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Rep. Sean Casten @RepCasten

If you earn <$75,000 or your household earns <$150,000 you’ll receive $3,600 for each child under age 6 & $3,000 tax for each child age 7-17. If your income exceeds that threshold, the credit will be reduced by $50 for every additional $1,000 of income.2/ https://t.co/j5Mq8YKc4A — PolitiTweet.org

Posted June 21, 2021

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Rep. Sean Casten @RepCasten

The pandemic caused a childcare crisis—forcing caregivers to choose between taking care of their kids and paying the bills & nearly a million mothers to exit the workforce. The #AmericanRescuePlan made an unprecedented expansion to the #ChildTaxCredit. Here’s how it works.🧵1/ — PolitiTweet.org

Posted June 21, 2021

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Rep. Sean Casten @RepCasten

The #ChildTaxCredit applies to your 2021 tax year, but the IRS will advance part of the credit in the form of checks delivered or direct deposited as early as July, continuing through December. The remaining amount will be credited against your taxes when you file next year. 3/ — PolitiTweet.org

Posted June 21, 2021