Monthly Payments of the 2021 Child Tax Credit Will Begin July 15
The American Rescue Plan offers American families a bigger and better child tax credit for 2021. For this year only, the credit amount for many families is increased from $2,000 per child to $3,000 per kid ($3,600 for children under age six), 17-year-olds qualify, and the credit is fully refundable.
- SEE MORE 2021 Child Tax Credit Calculator
One additional major element of the new child tax credit regime requires the IRS to make advance
