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Families of 88 Percent of Children in the U.S. to Automatically Receive Monthly Payment of Refundable Child Tax Credit
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Families of 88 Percent of Children in the U.S. to Automatically Receive Monthly Payment of Refundable Child Tax Credit

Child Tax Credit, Coronavirus, IRS, Personal Taxes, Tax Credits, Tax Relief, Tax Tips, Taxes

Families of 88 Percent of Children in the U.S. to Automatically Receive Monthly Payment of Refundable Child Tax Credit

This article was published by the IRS. The Internal Revenue Service and the U.S. Department of the Treasury have announced that the first monthly payment of the expanded and newly-advanceable Child Tax Credit (CTC) from the American Rescue Plan will be made on July 15. Roughly 39 million households — covering 88% of children in the [...]

cozbycpa2021-07-14T10:34:08-04:00July 14th, 2021|Categories: Child Tax Credit, Coronavirus, IRS, Personal Taxes, Tax Credits, Tax Relief, Tax Tips, Taxes|Tags: advance payments of Child Tax Credit, American Rescue Plan, Cozby & Company, CPA Heather Cozby, how much will families receive for advance payments of the Child Tax Credit, White House American Rescue Plan Implementation Team, who is eligible for advance payments of the Child Tax Credit|