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Bonus new $175 payments per child on the way as $8,000 benefit available to families

Bonus new $175 payments per child on the way as $8,000 benefit available to families

EXTRA child tax credit payments worth $175 per child are on the way. In New Mexico on Monday, February 14, 2022, legislators passed a bill that provides $380million in tax relief. The bill includes a new child tax credit for up to $175 per child. The tax credit depends on income level, though it is not clear who will qualify. It comes as parents could be eligible for up to $8,000 child tax credit to help them with the costs of raising a family. Apart from child tax credit payments struggling families could also qualify for the Child and Dependent… Read Full Article