CNBC: Between stimulus checks and expanded tax credits, here’s how much federal money you could get

Between cash hitting bank accounts — in the form of stimulus payments and advance child tax credits — and the expanded earned income tax credit, the value is an average of $3,450 for the bottom 60% of earners (making $65,000 or less per year), according to research from the Institute on Taxation and Economic Policy. And that amount doesn’t factor in the child and dependent care credit, which also is expanded for 2021.

“The people you’d think need the help are going to get it,” said Steve Wamhoff, director of federal tax policy for the institute. Read more

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