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Child Tax Credit payments begin Thursday, how it could help Pennsylvania families

WBRE


Something considered a means for social change is about to begin Thursday.

The IRS will begin sending Child Tax Credit payments to some 36 million eligible families with children 17 or younger on Thursday.

These first-ever child tax credit payments have been months in the making. As officials say many families stand to benefit, they are also discussing the boost it can mean for the community.

The enhanced Child Tax Credit will deliver money to some 36 million low and moderate income American families, households shouldering added financial difficulties since the pandemic hit.

“We’re talking about 126,000 kids in northeastern Pennsylvania in my district alone. Over 90 percent of the children ages 0 through 17 will have their parents qualify for this tax relief,” said Rep. Matt Cartwright, (D) 8th District.

The IRS circled July 15 on the calendar to send out the first of those monthly payments for the rest of the year to qualifying families. It’s $300 monthly for children five and younger, and up to $250 a month for kids six to 17 years old.

“When you have a couple of little kids at home, maybe you’ve got one zero to five and maybe one a little bit older, you know $550 extra a month makes a big difference and you know they’re going to spend that money,” Cartwright said.

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