Beginning on July 15th, the IRS will be sending out Tax Credit payments to families with children as part of the American Recovery Act. Amy Kohnle, the executive director of the United Way of Door County, describes what this program means for families in need.
If you are eligible for these tax credits, you will receive $300 for children under the age of six and $250 for children between ages six and seventeen. As of right now, payments will occur on the 15th every month, beginning for the rest of 2021. Congress has yet to decide if they will be extending this financial support into 2022. If you are unsure about your eligibility for receiving these recurring payments, there is more information on the United Way of Door County Website and the IRS website.