Representative Adriano Espaillat Urges New Yorkers To File Taxes Immediately and Receive Historic Tax Cuts Passed Through American Rescue Plan.
Representative Adriano Espaillat has Delivered $5.0 billion in Tax Cuts for 2,010,000 Hardworking Families Through the Expanded Child Tax Credit. Watch Virtual Q&A Session with the IRS NEW YORK, N.Y. – Representative Espaillat (NY-13) urges New Yorkers to file their taxes as soon as possible and receive the historic tax cuts created by the American Rescue Plan, which have slashed child poverty to record lows. In 2021, Espaillat delivered approximately $185.5 million in tax cuts for more than 123,000 children in New York’s thirteenth congressional district through the expanded Child Tax Credit, according to estimates from the Joint Economic Committee. Families in the district will see more tax cuts when they file their taxes this year.
Eligible families can ensure they receive the expanded Child Tax Credit and Earned Income Tax Credit by filing their tax returns. Start the process by reviewing your tax filing options at ChildTaxCredit.gov, GetYourRefund.org, or by calling Rep. Espaillat’s district office at (212) 663-3900.
“When Democrats passed the historic American Rescue Plan in March of last year, the health and well-being of our working families was at the forefront of our efforts to ensure direct relief to help get New Yorkers back on their feet and reopen schools and businesses safely," said Rep. Espaillat. "By filing their taxes by April 18th, hardworking New Yorkers can make sure they receive reliable and consistent resources to support their families through this public health crisis. For anyone needing assistance with the IRS or any other federal agency, please don't hesitate to contact my office and a member of my staff will be able to assist.”
The American Rescue Plan, signed by President Biden in March 2021, represents one of the largest middle class tax cuts in American history. The law expanded the amount of the Child Tax Credit and provided families with advance monthly payments totaling up to one-half of the credit, cutting child poverty by 40%. The law also expanded the Earned Income Tax Credit, increasing the amount working people with no qualifying children between 19 and 65 are eligible for from $543 to up to $1,502. To claim these funds, New Yorkers must file a 2021 tax return, so the IRS has the information needed to calculate and issue their full payments.
Here are some key facts about the Child Tax Credit:
● It is not taxable, including the advance monthly payments received last year.
● Families can get their Child Tax Credit by filing a tax return this year, including those who received part of their Child Tax Credit as advance monthly payments last year.
● Receiving it will have no impact on anyone’s eligibility for, or lower the amount of, other federal benefits.
● If you qualified for advance monthly Child Tax Credit payments but did not receive them, you will receive the full credit amount when you file your tax returns.
● Anyone, including grandparents, who are legal guardians may be eligible for the Child Tax Credit.
More information about the Child Tax Credit and tax filing can be found HERE.
Representative Espaillat is the first Dominican American to serve in the U.S. House of Representatives and his congressional district includes Harlem, East Harlem, West Harlem, Hamilton Heights, Washington Heights, Inwood, Marble Hill and the north-west Bronx. First elected to Congress in 2016, Representative Espaillat is serving his third term in Congress. Representative Espaillat currently serves as a member of the influential U.S. House Committee on Appropriations responsible for funding the federal government’s vital activities. He is also a member of the House Committee on Education and Labor and the Congressional Hispanic Caucus (CHC), where he serves in a leadership role as the Second Vice Chair and is a member of the Congressional Progressive Caucus, where he serves as Deputy Whip. Representative Espaillat also currently serves as a Senior Whip of the Democratic Caucus. To find out more about Rep. Espaillat, visit online at https://espaillat.house.gov/ | 
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