Families who added new members in 2021 could get $5,000 on tax return
The IRS says if you adopted a child, had a baby, or became a legal guardian, you might be able to add $5,000 in your refund due to two new tax credits as part of the $1.9 trillion aid package President Joe Biden signed into law in 2021.To get the $1,400 stimulus check for your new addition, single filers must have made up to $75,000 per year, $112,500 per year if filing as head of household, or $150,000 per year if married and filing a joint return.
To get the $3,600 child credit tax, single filers made less than $200,000 per year, and couples filing jointly must have made $400,000 or less in adjusted gross income. To get the money, the IRS says you'll need to add in the Child Tax Credit and file a Recovery Rebate Credit on the tax form.
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