Cooper Releases Child Tax Credit Payments Information
48,300 Households, Covering 89.5% of All Children, in TN-05 Could Get Up to $300 Per Child Every Month July-December as Part of American Rescue Plan
NASHVILLE – Rep. Jim Cooper (TN-05) is encouraging hardworking families to be on the lookout for advance monthly payments of the Child Tax Credit of up to $300 per month per child beginning today, July 15th through December 15th. An estimated 48,300 households, covering 89.5% of all children, in TN-05 could get up to $300 per month per child July-December and even more after filing their taxes next year. More information and frequently asked questions can be accessed here.
- Nearly all eligible families should get their monthly payments automatically beginning July 15th with no further action required.
- Families who did not file a tax return for 2019 or 2020 and who did not use the IRS Non-filers tool last year to sign up for the Economic Impact Payments, should go online and use the IRS Child Tax Credit Non-filer Sign-up Tool to sign up today.
“The Child Tax Credit is unprecedented,” Rep. Jim Cooper said. “This will cut childhood poverty in HALF and lift nearly 12,000 children in Tennessee out of poverty.”