Starting July 15th, over 1 million Kentucky families began receiving monthly payments through the expanded federal Child Tax Credit. This expanded Child Tax Credit is estimated to reduce childhood poverty by 49 percent in Kentucky and has already helped families across the Commonwealth fulfill their basic needs, such as putting food on the table.
Eligible families should see six monthly payments between July 15 and December 15. Families with children under the age of six will receive up to $300 a month, while families with children aged 6-17 will receive up to $250 a month. The amount each family receives will depend on the family’s income.
It is estimated 93 percent of Kentucky children under age 18 will benefit from the expansion. The Child Tax Credit will put millions into the hands of Kentucky families and into the Kentucky economy.
In addition to lifting families out of poverty, the expanded Child Tax Credit has helped families meet their basic needs. Census Bureau’s Household Pulse Survey data shows that in the month and a half after the first Child Tax Credit payment, food insecurity among families with children was reduced by nearly one-third. And in a survey examining how Kentucky families were using the payments, the most common uses were purchasing food for their family (56%), managing bills (38%), and covering clothing costs (28%).
The credit has had a tremendous impact on Kentucky families so far, but it is set to expire at the end of this year. Congress has the power to make this tax credit permanent through the Infrastructure bill currently making its’ way through Congress. This permanent expansion would cut childhood hunger and poverty in half, giving Kentucky families the financial resources they need to thrive.
You can help make this permanent by calling your members of Congress today and asking them to make the expanded Child Tax Credit permanent. You can learn more about the Infrastructure bill’s provisions for kids and ways to advocate here.
Families can find additional resources on the Child Tax Credit here:
- Claim your Child Tax Credit and missing stimulus payments, even if you don’t have your tax documents at www.getCTC.org.
- The Center for the Study of Social Policy, the Children’s Defense Fund, and other members of the Automatic Benefit for Children (ABC) Coalition have developed resources that could help you bring this up with families you work with and guide them to the services they need.
- The Cabinet for Health and Families Services and ThriveKY have put together a guide to help families navigate eligibility and a frequently asked questions sheet.
- CLASP shares this resource on the Child Tax Credit for mixed immigration-status families.