Speaker of the House Maxine Waters and Speaker of the House Nancy Pelosi talk NSImprovement 2021 child tax credit
Speaker of the House of Representatives Maxine Waters joined House of Representatives Chairman Nancy Pelosi on August 12 to discuss the progress of the child tax credit this year. The Biden administration has approved a gradual measurement of existing child tax initiatives.Public reviews reported that the new additive has the same support as social security; It will be paid monthly to qualified families for the next 6 months.
In addition, Waters hosted a press conference in the heart of the city of Los Angeles, providing insights into the latest information on other local parliaments in southern Los Angeles.,; At Maxine Waters Employment Preparation Center and Ethel Bradley Early Education Center.
Many variables influence the need and urgency of this type of federal support. One of them is the dramatic financial crisis that the United States is currently feeling with COVID-19. However, some families may use the opt-out option to receive large sums during the official tax season in April. In the eyes of Pelosi and Waters, child tax credits are a step in the right direction.NS A big return on this investment.
In a recent interview, Congressman Waters expressed his joy in improving child tax credits. As Chairman of the House Financial Services Commission, Waters said: We believe it is one of the most important public policies for children and families in the history of our country. ”
Waters goes on to say: “These two centers play an important role in promoting the growth and development of the community here in South Los Angeles from adolescence to adulthood through a strong commitment to learner education and workforce development. Thanks to the speakers for demonstrating her leadership on behalf of our children. Made here at CA-43 to ensure the support of our children and their families. I’m excited to show her a wonderful job. ”
Updates from the Internal Revenue Service (IRS) official website include monthly payments.., The website states: “The IRS will pay half of the total credit amount on a monthly prepayment starting July 15th. We will charge the other half when you file your 2021 income tax return. These changes will result in 2021 taxation. Only applies. ”
The IRS outlined the following eligibility requirements:
- I filed a 2019 or 2020 tax return and requested a child tax credit on the tax return.also
- In 2020, non-filer[ここに支払い情報を入力]You have provided information to use the tool to receive payments for financial impact.When
- If you apply for a return jointly with a spouse who has been based in the United States for more than half a year (50 states and District of Columbia) or has been based in the United States for more than half a year.When
- Eligible children under the age of 18 as of the end of 2021 and having a valid Social Security number.When
- Below certain income limits.
- The information you provided earlier will determine your eligibility and will automatically enroll you in prepayment. You do not need to take any additional action to get the prepayment.
In a previous report led by the National Newspaper Publishers Association (NNPA), for fiscal year 2021, households claiming credit could receive up to $ 3,000 per eligible child by the end of the year. You may also receive $ 3,600 per child under the age of six.
This effort was made possible by the US Rescue Program led by the Biden administration. President Biden was arrested, saying: With today’s announcement, about 90% of families with children will automatically receive this new tax exemption from July, “said Biden.
Chair Nancy Pelosi emphasized that the message behind this initiative is to help children.Pelosi said it was an opportunity, Build a stronger foundation. This resource is now available to families who need to sacrifice the true enrichment they want to provide and ensure that the required invoices are paid.
“We call it” social security for children, “” Pelosi said. This is very important for children. Maxine knows-we go back long before either of us joins Congress.I didn’t intend to run for Congress, But that was my motivation– – NS– – Five children live in poverty in the United States.Maxine was in the legislature, She did a great job there. And she later came to Congress, but I left home for the children. ”
Based on a survey provided by the Congress Woman Waters press release, District 43 will feel the significant impact of child tax credits. The following information certifies the sources mentioned above.
- 88.6% of CA-43 children will benefit from the expanded and improved child tax credits to approximately 162,000 children.
- The average benefit for 47,600 households is $ 3,100.
- Expanded and improved child tax credits will save 18,300 children of CA-43 from poverty.
- 6,700 children under the age of 6 are raised from poverty because of the greater benefits to the youngest. Families with poor children receive an average of $ 4,300.
Cities in District 43 include Alondra Park, Delair, Gardena, Hawthorne, parts of Inglewood, Lawndale, Lennox, Lomita, parts of Torrance, West Athens, West Carson and Westmont.
The conference was held at the Maxine Waters Employment Preparation Center (MWEPC) and the Ethel Bradley Early Education Center. MWEPC’s mission is “The Maxine Waters Employment Preparation Center is to partner with the community to advance learners’ education and develop the workforce.”
Children from the Ethel Bradley Early Education Center attended the press conference. The two families who received the child tax credit were asked to talk about their experience. Raven Hinshaw, mother of two children, and Ana Maria Gonzales, mother of three children, I expressed their gratitude.
In response to South Los Angeles’ investment in the future, Pelosi said, “This is about the future and our responsibilities,” and continued, “It’s a history we respect, but the future is our responsibility.” rice field.
Waters and Pelosi: Investing in the Future of South Los Angeles – Los Angeles Sentinel | Los Angeles Sentinel Source link Waters and Pelosi: Investing in the Future of South Los Angeles – Los Angeles Sentinel | Los Angeles Sentinel