Photo: David McNew / Getty Images
The Center for Budget and Political Priorities announced that c four million minors benefiting from the Child Tax Credit could lose support economic distributed by the federal government . The report detailed that the main affected would be low-income households .
According to the institution, because the Internal Revenue Service (IRS) relies on tax returns to determine who qualifies for the credit and Where to send the money, millions of families that normally do not file taxes could go unnoticed and for this reason the payments would not reach them.
For this reason , the Center on Budget and Policy Priorities estimated that four million children could lose a total of $ 13 billion dollars in benefits. The Enhanced Child Tax Credit expanded the size of the amount up to $ 3, 600 dollars per child , while also paying half of that sum through six monthly checks of up to $ 300 dollars per child.
Chuck Marr, senior director of the organization’s federal fiscal policy area, said to CBS that families who do not file tax returns are likely to benefit the most from the payments.
In 2020, most married beneficiaries whose income was less than $ 24, 800 dollars and most single parents with incomes less than $ 18, 650 dollars were not required to file tax returns.
In accordance with regulations On, families who do not receive payments for the Child Tax Credit this year may request it in full by filing a tax return at 2022 . But since many of these very low-income families do not file returns, they could lose the full amount of federal aid.
The forecast that four million children could be left without federal benefits has to do with an analysis by the Treasury Department that shows that there are 2.3 million children who are covered with health insurance from people who do not appear on tax returns .
Under this situation, the Center for Budget and Policy Priorities stated that this indicates that the federal tax agency may not have information on these minors and, therefore, would not send Child Tax Credit checks to their families.
The current criteria for delivery to those who benefit from the Tax Credit for Children, has been seen in some way as exclusive, for this reason for human rights defenders me Social organizations ask the IRS to do more to benefit families who have the least.
You may also be interested in: The eviction moratorium did not come, millions of Americans can be left homeless in two months