ACA calls on Congress to 'investigate' expats' exclusion from Child Tax Credit improvements, while taxed for unobtainable healthcare

The American Citizens Abroad has called on Congressional leaders in both the House and Senate to "investigate" the fact that Americans with children who live outside of the U.S. are ineligible to benefit from certain improvements to the Child Tax Credit (CTC) that their Stateside counterparts have been receiving, since July, as a result of changes introduced by the Biden administration's "American Rescue Plan" legislation earlier this year.

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Most expat Americans ineligible for expanded Child Tax Credit amounts: IRS

American expatriates with children under the age of 17 "generally won't" be eligible to receive the expanded monthly Child Tax Credit payment amounts about to begin being provided under the Biden Administration's so-called American Rescue Plan, although they should be able to continue to receive the amount that has been available to them until now under the program, a spokesperson for the Internal Revenue Service has said.  

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Opinion

AXFNJ Podcast: Dubai private asset manager for U.S. expats Vince Truong explains why everyone needs ‘a financial roadmap in place’

AXFNJ Podcast: Dubai private asset manager for U.S. expats Vince Truong explains why everyone needs ‘a financial roadmap in place’

Hearing Americans who've been living abroad for 10 or more years, and sometimes for most of their adult lives, describe how they got there is always interesting, I find. Many...

Dec-15-2022