Home Enterprise bank Representative Lori Trahan touts start of enhanced child tax credit payments – Sentinel and Enterprise

Representative Lori Trahan touts start of enhanced child tax credit payments – Sentinel and Enterprise



LOWELL – Representative Lori Trahan visited the Merrimack Valley Food Bank on Thursday to help pack and distribute food to families as she touted the start of enhanced child tax credit payments to families, claiming that the payments – as well as funding from organizations like the food bank – will help feed families as the country recovers from the pandemic.

The enhanced child tax credit was passed as part of the US bailout and will allow families to claim a $ 3,600 tax credit for each child under age 6 this year and a $ 3,000 tax credit for each child under 18.

The larger credits – they were previously $ 2,000 a year for all children – are sent to taxpayers before they file their 2022 taxes to help stimulate the economy.

Trahan has sought to highlight the payments for months since they were passed in the spring. Families will receive advance payments from the government of up to $ 300 per month per child.

Representative Lori Trahan touts child tax credit money for parents from US bailout

“The improved child tax credit will benefit more than 129,000 children in the 3rd arrondissement with an average of $ 2,600 per eligible household, and it will lift up to 8,200 MA-03 children out of poverty,” said Trahan said in a press release.

Families are eligible for enhanced full tax credits if their income is less than $ 75,000 per year for single filers, $ 112,000 for head filers, and $ 150,000 for those who are married and jointly filing. Some who earn more than that will still be eligible for reduced credits.

“With funding for anti-hunger programs like the Merrimack Valley Food Bank and investments in food aid, the US bailout has helped put food on the table,” Trahan said in a statement. Press. “And with monthly child tax credit payments starting to hit bank accounts (Thursday), the American Rescue Plan continues to put money in its pockets to pay for child care and more. expenses. “

Trahan helped the food bank Thursday to also highlight the $ 3.6 billion in funding for the US Department of Agriculture that was included in the US bailout to help organizations like the food bank.

“The Child Tax Credit will benefit many of the working families we serve. This will give them much needed relief from the financial strains of the past year, ”said Debbie Callery, deputy CEO of Merrimack Valley Food Bank.

To learn more about enhanced child tax credits, visit: https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021.



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