Three important tax credit expansions provide a historic opportunity to reduce poverty. Your efforts are crucial to help people who are newly eligible claim these payments by filing their 2021 tax return.
Earned Income Tax Credit (EITC): The EITC was recently increased and expanded to people not raising children between 19-24 and 65 and over.
Child Tax Credit (CTC): Nearly every family is eligible for the expanded CTC, including families without recent income. Families who received advance payments in 2021 will need to file a tax return to get the remaining credit.
Child and Dependent Care Tax Credit (CDCTC): This tax credit helps offset expenses you pay for childcare or the care of an adult dependent who is unable to care for themselves.