Around 39 million American households are set to get their first monthly payment from the expanded $3,000 child tax credit starting on July 15. That’s according to a joint statement on Monday by the Internal Revenue Service and Department of the Treasury.
In March, President Biden signed a massive $1.9 trillion economic aid package that upped the existing $2,000 child tax credit for the 2021 tax year to $3,000 per child ages 6 to 17, and $3,600 for children under the age of 6, with new income phaseouts. Up to half of the $3,000 or $3,600 expanded child tax credit can now be paid in periodic payments in 2021 through December, while the rest of the fully refundable credit would be incorporated in filers’ 2021 tax return next year.
The IRS and Treasury said that starting on July 15, eligible families will receive up to $300 per month for each child under age 6, or $250 per month for each child ages 6 to 17. Similar to the stimulus checks sent out in 2020 and 2021, these payments will begin “without any further action required” by the taxpayer, the agencies said. The payments will continue to be sent out on the 15th day of each month, so long as it doesn’t fall on a holiday or weekend.
My “keds” are adults. Do I get me some free shit? Already have my two jabs, will failed Hogan give me a some large from that two million he is offering for citizens (to be eligible for) that will get theirs in the future?
4:29
Sorry Bud u ain’t getting shit from Comrade Hogan!
I would have laid on my back more than my knees for that paycheck
Some of these girls DID just that !!!! And the Kids won’t see ANY of the Money !!!!
Not right these people getting all this $$$$ when Others Unemployment & Stimulus are Cut Off !!!!
Let’s Have a Bunch of KIds !!!!!!!!
Rewarding all the Unresponsible girls who Don’t care about the kids, Only Themselves , who had too Many kids !!!
ONLY the Unemployed Parents should get this $$$$ NOT the Working ones !!!!!