October 12, 2021

Brinkwire: Update on the IRS Child Tax Credit for 2021

media mention

Only kids with Social Security numbers are eligible to claim the tax credit, CNBC reports.

So, some lawmakers have proposed to allow kids with individual taxpayer identification numbers (ITIN) to receive the credit.

Researchers at the Institute on Taxation and Economic Policy think this change could benefit up to one million children. Read more