Did you know? This year, most families will receive a monthly payment of $250 - $300 per child starting on July 15. Help spread the word about the child tax credit. Families who are not automatically enrolled because they did not have to file taxes last year can sign up using this online tool. Learn more at ChildTaxCredit.gov.
Understanding Economic Impact Payments and the Child Tax Credit
It is estimated that up to 400K Coloradoans are not taking advantage of the enhanced Earned Income Tax Credit and the Child Tax Credit made available to families when the American Rescue Plan was enacted. Read the State and Local Child Tax Credit Outreach Needed to Help Lift Hardest-to-Reach Children Out of Poverty article for more information and data around these topics.