September 17, 2021

CNBC: About 1 Million More Kids Could Get the Child Tax Credit in the Future Thanks to This Change in Plan From Democrats

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One major change in the current proposal is allowing children with individual taxpayer identification numbers, or ITINs, to receive the credit. These kids, who are often undocumented children growing up in the U.S., were left out of the 2017 Tax Cuts and Jobs Act.

Thus, their parents have not been able to claim the child tax credit or receive monthly payments through the enhanced benefit, as only kids with Social Security numbers have been eligible.

Including this provision going forward would restore the benefit to more than 1 million children, according to the Institute on Taxation and Economic Policy.

“These kids are who are in mixed immigrant status families will be able to benefit greatly from having these benefits just like all families,” said Ashley Burnside, a policy analyst at the Center for Law and Social Policy. “When we provide families with this additional monthly income it allows them to afford basics like food, rent and school supplies.” Read more



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