-Low-income households Archive

TweetShareSharePin0 Shares From July to December, the IRS delivered advanced payments of the 2021 expanded child tax credit (CTC) to the families of over 61 million children. Most received half of their credit but will need to file a tax return to get the rest. However, a new Urban Institute survey finds that some eligible

TweetShareSharePin0 Shares By approving a third round of economic impact payments (EIPs) and expanding refundability of the Child Tax Credit, Congress has made refundable tax credits a more important pillar of income support than ever. But using tax credits as a way to provide income security to low-income households creates a significant challenge: How can