The IRS Stakeholder Liaison office is holding free Advance Child Tax Credit information sessions for Rhode Islanders to learn about the Advance Child Tax Credit, according to the Economic Progress Institute.
Unlike the regular Child Tax Credit, there are no earnings requirement and the amounts are higher – and based on the age of the child.
Here’s the breakdown for the new CTC amounts:
* $3,600 for children ages 5 and under at the end of 2021
* $3,000 for children aged 6 – 17 at the end of 2021
Beginning July 2021 the monthly payments are:
* $300 for children ages 5 and under
* $250 for children aged 6 – 17.
You claim the rest of the credit when you file your 2021 tax return in 2022.
There are two upcoming sessions scheduled in English and Spanish:
- Thursday, August 12th, 2:00pm – 3:00pm (English)
Join the Zoom meeting by clicking on this link:
https://irs.zoomgov.com/j/1602672098?pwd=OXJaZUxSbXh6UUNMRVRVakdJUUdQZz09
Or you can join the audio portion only by dialing: 669-254-5252, Meeting ID#: 160 267 2098
- Friday, August 13th, 10:00am – 11:00am (Spanish)
Join the Zoom meeting by clicking on this link:
https://irs.zoomgov.com/j/1610481088?pwd=UDh4b3BGL1ZvYWZLcTMrbmtRc1d0UT09
Or you can join the audio portion only by dialing: 669-254-5252, Meeting ID#: 161 048 1088
There is no pre-registration required. Participants just need to click on the links above or call in using the phone number provided.
Photo credit: Economic Progress Institute
