Home Money A whole lot of 1000’s of La. residents set to obtain cash...

A whole lot of 1000’s of La. residents set to obtain cash from Youngster Tax Credit score Enlargement

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BATON ROUGE, La. (WAFB) – Hundreds of thousands of Louisiana households could receive direct payments Thursday under the expanded child tax credits.

It’s all part of the American rescue plan that Congress passed back in March.

The aim is to reduce child poverty in the country by 50%.

“And there hasn’t been a program since 1960 that has such an impact on families,” said District II Congressman Troy Carter (D).

Congressman Carter was in Baton Rouge for a town hall on Wednesday to speak with families about how the new expansion of the child tax break works and who can actually get those payments.

Hundreds of thousands of Louisiana residents are expected to receive cash from expanding child tax credits(WAFB)

“You qualify if you make less than $ 150,000 as a couple or $ 75,000 as an individual,” said Rep. Carter.

From July 15 through December, families who qualify can up to:

– $ 300 per month per child, for children ages 0-5

– $ 250 per month per child, for children 6-17 years of age

Child Tax Credit Breakdown(WAFB)

“So there really is something for everyone. Black, white, Republican, Democrat, it’s an American thing, it’s a Louisiana thing, it’s a people thing, “the congressman said.

“Hoping we can use it for things he needs,” said Triniece Finley, who was visiting town hall.

Finley is a single mom and says every little bit helps when it comes to extra cash for her 6 year old son Logan.

“Swimming lessons and whatever he needs in school and stuff,” Finley said.

“Yes, every dollar counts,” said Deshawn Porter, who was visiting City Hall.

Porter is in the same boat and already has some ideas about how she would use the extra money.

“School supplies, school uniforms, because things are so expensive these days, we have to sacrifice to get what we need to get,” Porter said.

If you’ve filed your 2019 or 2020 tax returns, or signed up for a stimulus check from the IRS, you’ll receive this money automatically. So you don’t have to sign up anywhere.

“You will likely have this transfer deposited directly into your checking account (if you submitted electronically). If you haven’t filed this this way, checks will be dropped in the mailbox so you can get them in the mail, ”said Rep. Carter.

While this is only a 6 month program, Carter hopes it will be permanent. To do this, however, Congress needs bipartisan support.

Scammers are already finding ways to take money from families waiting for these children ...Scammers are already finding ways to take money from families waiting for these child tax breaks.(WAFB)

“Why shouldn’t we give resources to people who are here in our country, who fight and live in America, the greatest country in the world,” said Troy Carter.

Scammers are already finding ways to take money from families waiting for these child tax breaks.

South Central Louisiana’s Better Business Bureau would like to remind you that the only agency that distributes payments is the IRS.

This means the IRS won’t send you a text message or email asking for your social security number or personal banking information.

So if you get a strange message asking for it, don’t reply.

You can visit Congressman Troy Carter website for more help.

If you have any questions about these credits, please check their status and eligibility, Click here.

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