On First Day of New Monthly Payments, Underwood Highlights How the Child Tax Credit Will Help Illinois Families and Children
Video: Underwood on Child Tax Credit impact on Illinois families
WASHINGTON—On the first day of new, expanded Child Tax Credit advance payments, Congresswoman Lauren Underwood (IL-14) highlighted how the monthly Child Tax Credit payments will benefit 14th District Illinois families. Starting today, hundreds of thousands of eligible Illinois families will receive their first monthly payment of up to $250 per month for each child age 6 to 17, and up to $300 per month for each child under the age of 6.
The expanded payments have been made available through the American Rescue Plan, which Underwood strongly supported in Congress and was signed into law in March. The monthly payments will arrive through direct deposit or mail. Nearly all families should get their monthly payments automatically, with no further action required.
“Thanks to the American Rescue Plan, families across the country will begin receiving monthly Child Tax Credit payments today. In our community, nearly 3 in 4 children will receive these payments, putting money in the pockets of parents to help pay for mortgages, child care, summer learning, and more, as we continue to recover economically from the pandemic,” said Underwood. “The Child Tax Credit will deliver critical resources to families when they need it most, but let’s be clear: families need support well beyond this pandemic. I’m fighting in Congress to permanently expand these Child Tax Credit payments, so our families have the resources needed to thrive this month and into the future.”
Underwood recently released a new video highlighting the expanded Child Tax Credit and its impact in Illinois. Click here to watch.
All eligible families who filed a tax return for 2019 or 2020 or who signed up to receive a stimulus check from the Internal Revenue Services (IRS) will receive their payment without any additional action necessary. Non-filers can use the IRS CTC tool to check their eligibility and receive their advanced payments.
In the 14th District, it is estimated that:
- 74.6% of children will gain from expanded and improved Child Tax Credit — 140,100 children in the 14th District.
- The expanded and improved Child Tax Credit will lift 5,400 children out of poverty.