WRCR Act of 2025

This bill lets people who qualify for the Earned Income Tax Credit (EITC) choose to get part of it each month instead of waiting until tax time. The federal government must set up this program within two years after the bill becomes law. Monthly payments can be up to 75% of your estimated yearly credit. You can start or change this choice during the year, and if you sign up later, the money is split over the months left. You can choose to get payments on a prepaid debit card.

You’ll get a yearly statement by January 31 showing how much you received, and reminding you to file a tax return. You can choose to receive this through an online portal. If your advance payments end up higher than your final credit, you must pay back the extra when you file. If you don’t repay on time, you can’t get monthly advances again until two years after you’ve fully paid what you owe.

• Who is affected: People who qualify for the EITC and choose monthly payments.
• What changes: Optional monthly advances up to 75%; you can change your election during the year; prepaid debit card option; annual statement and online portal option .
• When: The program must start within two years after the law is enacted.
• What to know: If you get too much in advance, you’ll repay the extra at tax time; if you don’t repay on time, you’ll be blocked from advances for two years after you finish paying.