What does the $100-Per-Child Tax Rebate mean for you? | JMR Financial GroupMay 18th, 2018
What does the $100-Per-Child Tax Rebate mean for you?
For 2018, Wisconsin families who claim the rebate will receive $100 for each child living at home under the age of 18 as of December 31, 2017.
That’s a significant return for a single mother of two, especially as the new school year approaches. It will provide her with an additional $200 to spend on school supplies and clothes, activities fees, or medical copays that will set her children up for a healthy and successful school year.
Parents know their kids’ needs best. By returning this money, parents can decide how to use it to best help their families.
The Wisconsin Department of Revenue estimates that approximately 671,000 households will receive the rebate, and 1,221,000 children will be eligible for purposes of claiming this rebate.
Eligible taxpayers will have the opportunity to claim the rebate through an online form at the Wisconsin Department of Revenue’s website between May 15, 2018, and June 30, 2018. Direct deposits or mailed checks will be delivered by September 1, 2018.
For more information, visit https://walker.wi.gov/fact-sheets/fact-sheet-governor-walkers-100-child-tax-rebate-back-school-sales-tax-holiday .« Retirement: World’s longest coffee break. || What does the Back-School Sales Tax Holiday mean for you? »