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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (July 7, 2021)
Page 4 July 7, 2021 Relief for Families C ontinued froM f ront Child Tax Credit ever and his- toric relief to the most working families ever – and most fami- lies will automatically receive monthly payments without having to take any action. For those with children, the plan increased the Child Tax Credit from $2,000 per child to $3,000 per child for children over the age of six and from $2,000 to $3,600 for children under the age of six, and raised the age limit from 16 to 17. All working families will get the full credit if they make up to $150,000 for a couple or $112,500 for a family with a single parent (also called Head of Household). If you’ve filed tax returns for 2019 or 2020, or if you signed up to receive a stimulus check from the Internal Revenue Ser- vice, you will get this tax relief automatically. Normally, tax relief for the year only comes the following year when you file your taxes, no matter how much you need it now. This year for the first time, starting in July, monthly pay- ments will be made. For every child 6-17 years old, families will get $250 each month, and for every child under 6 years old, families will get $300 each month, officials said. The 80% who get their re- funds from the IRS through Obituary 971-276-8674 Cut, trim, edge, power washing, hauling, leaf removal, cleanup, anything! FREE ESTIMATES FAIR PRICING Remembering Cheryl Jennings Aug. 27, 1961 - June 27, 2021 Auntie Cheri had a loving kind and gentle spirit. She was generous and giving and will be dearly missed. Viewing is scheduled, Wednesday, July 7 from 4 p.m. to 7 p.m. at Zellers Chapel of Roses, 2107 N.E. Broadway. direct deposit will get these payments in their bank account on the 15th of every month until the end of 2021. People who don’t use direct deposit will receive their payment by mail around the same time. If you didn’t make enough to be required to file taxes in 2020 or 2019, you can still get benefits. Officials said low-income families with children are eli- gible for this crucial tax relief – including those who have not made enough money to be required to file taxes. Wyden said he wants to make the added child tax relief a long term proposition. At Al- bina Head Start, he called for extending this tax relief for years and years, supporting President Biden’s American Families Plan.
