For families of some 600,000 children located near the greater part of the Mojave Desert, the first installments of the expanded federal child care tax credit have to started to arrive. Local advocates and the city’s congressional delegation are touting the COVID-19 relief provision as an important step toward fighting childhood poverty.
Families will get Help with Pressing Aid
“Moreover, it will help mitigate some of the ongoing effects of the pandemic. This include housing instability and food insecurity. In fact, it will help people living paycheck to paycheck to make things more affordable,” said Tiffany Tyler-Garner. Garner is the executive director of the Children’s Advocacy Alliance. It is a nonprofit with a goal to improve the health and economic well-being. Plus early learning, and child welfare outcomes for Nevada children.
Generational Poverty
“In essence, for those in generational poverty, this may, in fact, be the first time in their lives to really get some breathing room in terms of monthly expenses,” she continued. “ Moreover, they may be able to focus on training at their jobs or their education. Versus worrying about child care.”
Tax Credit Expansion
Part of the most recent stimulus plan, the tax credit expansion, has been brought in by the Democrats in the White House and Congress. It will pay families up to $3,600 in 2021 for each child under 6 years old. Plus $3,000 for children 6 to 17.
In fact, the IRS is going to pay half of the annual credit out in monthly installments beginning in July. Thus, stretch it until the end of the year. It would be a way to expedite relief, which means parents are, in fact, eligible for up to $300 a month for younger children. In addition, $250 for those 6 and older.
Moreover, single filers earning less than $75,000, head of households making less than $112,000, and married couples who are, in fact, paid less than $150,000 annually, all qualify for the full payment.