Marcus & Corey

Marcus & Corey

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IRS Sending Monthly "Child Tax Credit" Payments. Here's How Much You Get...


With the President's new "American Rescue Plan," you might be receiving some extra cash this year depending on how many kids you have.

From CNET: "The child tax credit payments will begin "in July and launch with payments going out on a monthly basis,"IRS Commissioner Charles Rettig said Tuesday. Forthose who qualify, the monthly payments for the 2021 revised child tax credit will be sent through December. But the rest of the money will need to be claimed when filing taxes in 2022."

Want to know how much cash and credits you're gonna get? You bet we have a handy calculator.


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