WESTMINSTER — Qualifying families can receive advance payments of the Child Tax Credit in monthly payments starting this summer. The total Child Tax Credit is worth $3,600 for children 5 and younger and $3,000 for children 6 through 17.
Families could receive up to $300 per month for younger children and $250 per month for older children. The IRS will use information from 2019 or 2020 tax returns to determine if you are qualified.
Southeastern Vermont Community Action's Volunteer Income Tax Assistance (VITA) program can help families who aren't required to file a tax return provide information to the IRS. SEVCA can also help if you have not received the first two rounds of Economic Impact Payments.
Information on eligibility requirements for advance Child Tax Credit payments and Economic Impact Payments can be found at bit.ly/618-taxcredit. People who filed a 2019 or 2020 tax return or submitted information to the IRS last year to register for the Economic Impact Payments (stimulus payments) do not need to take action to receive child tax credits.
Call SEVCA at 802-722-4575 for more information and to register for free Child Tax Credit and Economic Impact Payment tax preparation service, which will be offered at the agency's main office at 91 Buck Dr. on Saturday, June 26 and Friday, July 9, from 9 a.m. to 4:30 p.m.