Many low-income families and individuals have not claimed Child Tax Credits or the Third Stimulus payment due to them. Families have until November 15, 2022 to claim the credit.
Nearly 90% of children in the U.S. are eligible for the 2021 expanded Child Tax Credit (CTC), which provides up to $3,600 per child. Additional income like the CTC is associated with stronger educational performance, improved health, and reduced stress among kids in families with low incomes. Unfortunately, too many kids are at risk of missing out. You do not have to be tax experts to help!
While the tax filing deadline has passed, families with no or low incomes can still file without penalty and claim the full CTC (or the remaining half if they received 2021 advance payments).
Families have until mid-November to claim the credit on their own through the simplified filing portal, GetCTC.org/orschools. After that, families can still claim the 2021 CTC, but must file full tax returns. They have until April 15, 2025, to do so.