LAS VEGAS (KTNV) — As part of the American Rescue Plan, families across the country could receive $3,000 per child for children 6-17 and $3,600 per child for children under 6 after the Child Tax Credit (CTC) was expanded. Half of the credit will be advanced through monthly installments this year with the other half available in 2021 tax refunds.
Beginning in July, most Nevada families will receive monthly checks that range from $250 (for children 6-17) to $300 (for children under 6). Most families are not yet aware of the money coming their way, but these funds are likely to make a tremendous difference in their lives
Congressman Steven Horsford, who voted to approve this help, said in a statement that “the expanded Child Tax Credit will provide hundreds of dollars a month to working families, helping them pay their bills, cover childcare expenses and pay for other necessities”.
According to the organization Co-Equal here are the numbers for Nevada's congressional districts regarding the impact of the expanded Child Tax Credit:
District 1:
- A stunning 96 % of children in your district will gain from expanded and improved Child Tax Credit — 156,800 children.
- The average benefit for 44,100 households is $3,400.
- The expanded and improved Child Tax Credit lifts 13,600 children in your district out of poverty.
- Because of the larger benefit for the youngest, 5,100 kids under the age of six are raised out of poverty.
- Families with children in poverty will receive $5,800 on average.
- You are getting 4,400 children in your district out of deep poverty.
District 3:
- A stunning 85.2% of children in your district will gain from expanded and improved Child Tax Credit — 141,500 children.
- The average benefit for 44,200 households is $2,600.
- The expanded and improved Child Tax Credit lifts 6,000 children in your district out of poverty.
- Because of the larger benefit for the youngest, 2,000 kids under the age of six are raised out of poverty.
- Families with children in poverty will receive $4,600 on average.
- You are getting 1,100 children in your district out of deep poverty.
District 4:
- A stunning 92.1% of children in your district will gain from expanded and improved Child Tax Credit — 177,100 children.
- The average benefit for 49,200 households is $3,100.
- The expanded and improved Child Tax Credit lifts 9,700 children in
your district out of poverty.
- Because of the larger benefit for the youngest, 3,400 kids under the age of six are raised out of poverty.
- Families with children in poverty will receive $5,200 on average.
- You are getting 3,400 children in your district out of deep poverty.
To quality, Nevada families will need to have either a 2019 or 2020 tax return on file with the IRS OR use the IRS’ non-filer tool to enter any relevant information. They will also need to use the tool to access the advance child tax credit payments for new children born in 2021. If they previously used the non-filer tool to access stimulus payments, that will function similarly to if they had a 2019 or 2020 tax return on file.
