IRS To Start Child Tax Credit Payments In July

The IRS will begin sending payments in July as part of an expanded tax credit included in the stimulus package signed by President Biden earlier this year. Eligible families will receive $3000 annually per child aged 6-17 and $3600 per child under 6 for the 2021 tax year, with payments distributed monthly through December.

What is the annual benefit amount per child for families with children aged 6 to 17?

How will families receive the payments for the 2021 Tax Year?