-Low-income households Archive

Many Low-Income Families May Not Get the Full Child Tax Credit Because They Won’t File A Tax Return
March 8, 2022
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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

Delivering Tax Benefits to People Who Are Experiencing Homelessness
April 15, 2021
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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