Congressman Tim Ryan Urges Ohio Families to File Taxes By the May 17th Deadline to Receive New Child Tax Credit Payment as Soon as Possible
Washington, DC – Congressman Tim Ryan (OH-13) today urges hardworking families in Northeast Ohio to file their taxes before the May, 17 filing deadline in order to receive their Child Tax Credits without delay. As part of the American Rescue Plan, which was passed by House and Senate Democrats and signed into law by President Biden, families could get monthly payments of up to $300 per child beginning as soon as July. The best way to ensure eligible families receive their payments is to file a 2020 tax return – even if a family doesn’t have earnings to report or don’t normally file – because the Internal Revenue Service (IRS) needs information from tax returns in order to calculate and issue advance monthly payments.
Ohioans can learn more about their eligibility for the Child Tax Credit here.
“This transformative policy we passed in the American Rescue Plan Act will help set America’s children up for success and put more money in the pockets of hardworking parents. This benefit means families will be able to focus on their kids’ basic needs instead of choosing between buying groceries or putting gas in their cars,” said Congressman Ryan. “More than 92% of our community will benefit, so it’s important you take the proper steps to file your 2020 tax return by May 17th to receive the correct payment as soon as possible.”
137,200 children in OH-13 could benefit from the advance monthly payments. That’s 92.4% of all children in the district.
The average benefit for 45,200 households will be $3,100, and The expanded and improved Child Tax Credit is expected to lift 10,300 children in our district out of poverty.
Families can get free help preparing and filing their taxes through the Volunteer Income Tax Assistance program, and can find their closest location here. Families can also file taxes for free online through the IRS Free File program at https://apps.irs.gov/app/freeFile/. Families in which the parent or caregiver is aged 50 or older can use the AARP tool to find free tax help near them, which they can find here.