The new Child Tax Credit enacted in the American Rescue Plan is only for 2021. President Biden’s Build Back Better agenda calls for extending this tax relief for years and years
People who don’t use direct deposit will receive their payment by mail around the same time. The 80% who get their refunds from the IRS through direct deposit will continue to get these payments in their bank account on the 15th of every month until the end of 2021. For every child 6-17 years old, families got $250 each month, and for every child under 6 years old, families will get $300 each month. Monthly payments starting in July: For the first time, people will received the Child Tax Credit in monthly payments. This year, most families started getting the money in July. Advancing your tax relief: Normally, tax relief for the year only comes the following year when you file your taxes, no matter how much you need it now. Get Involved Show submenu for “Get Involved””. The White House Show submenu for “The White House””. 
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