McClatchy: Parents Are Receiving Their Final Monthly Child Tax Credits. Will Congress Bring Them Back?
media mentionContinuing the expanded credit in 2022 would mean these savings for California families with tax cuts next year, according to the Institute on Taxation and Economic Policy:
— Less than $29,100 income (lowest 20%): $4,080
— $29,100 to $51,700 (next 20%): $2,850
— $51,700 to $83,200 (next 20%): $2,780
— $83,200 to $151,100 (next 20%): $2,340
— $151,100 to $358,700 (next 15%): $1,870