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Help is Here: The American Rescue Plan Delivers Major Tax Relief for Families with Children

Major tax relief for Nearly All Working Families

Automatic monthly payments for nearly all working families
Major expansion: the Child Tax Credit in the American Rescue Plan provides the largest child tax
credit ever and historic relief to the most working families ever

For those with children, the American Rescue Plan increased the Child Tax Credit from $2,000 per child to $3,000 per child for children over the age of six and from $2,000 to $3,600 for children under the age of six, and raised the age limit from 16 to 17. All working families will get the full credit if they make up to $150,000 for a couple or $112,500 for a family with a single parent (also called Head of Household).

Staff Editor
Staff Editor
The Power Broker was born in 2005 to promote the people and organizations “who are moving, shaking and breaking new ground for and with the African American community.”
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