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.

When will the IRS start sending out the expanded tax credit payments?

• September

• August

• July

• June

Which legislative package included the expanded tax credit?

• Stimulus Package

• Infrastructure Bill

• Healthcare Reform Act

• Education Reform Act

Who signed the expanded tax credit into law?

• President Trump

• President Obama

• President Biden

• President Bush

How much is the annual benefit per child aged 6 to 17?

• $3500

• $2500

• $2000

• $3000

Until when will families receive monthly payments?

• October

• November

• January

• December