Tax Credits 101

Each year families miss out on $12B in tax credits. 

If you're a new parent, this may be the first time that you are eligible for

  • the Child Tax Credit (up to $3,600 for your new baby in 2021)

  • the Recovery Rebate Credit ($1,400 for your new baby in 2021)

  • the Earned Income Tax Credit (up to $3,600 if you worked in 2021 or 2019)

 

The average working new parent who makes less than $40K is eligible for up to $8,500 in federal credits this year. That’s a ton of money, and we want to make sure you get it. 

Have you heard about the new Child Tax Credit? Learn more here. 

Check out our resources!