WASHINGTON, DC – Congressman Steny H. Hoyer (MD-05) released the following statement today marking the first day Maryland families will receive monthly Child Tax Credit payments:
“When Congress passed the American Rescue Plan in March, included was a significant expansion of the Child Tax Credit. Today, the first round of monthly Child Tax Credit payments will be dispersed to Maryland families, sending assistance directly into the pockets of Marylanders who need it most. I was glad to work alongside my colleagues and the Biden-Harris Administration to ensure the expanded Child Tax Credit was included in the American Rescue Plan.
“These monthly payments will help Marylanders who have been hit hard by the economic consequences of COVID-19 meet their daily needs, set their children up for success, and help fuel our economy. Over 132,000 children in the Fifth District will benefit from the Child Tax Credit, and over 5,000 children will be lifted out of poverty. Today is a good day for Maryland’s working families. I will continue to work with my colleagues to ensure our state and our people are able to build back better from this pandemic.”
Beginning today, Child Tax Credit payments of up to $300 a month for children under the age of 6, and up to $250 per month for children ages 6 to 17, will be dispersed each month though December 2021. The remaining funds can be claimed when filing 2021 taxes next year. Maryland families will receive a total of $3,600 for each child under the age of 6 and $3,000 total for each child between ages 6 and 17. Single parents making up to $75,000 and filing their taxes as individuals, those filing as heads of household making up to $112,500, and married joint filers making up to $150,000 a year are eligible for the full monthly automatic payments.
