Get Your Child Tax Credit Now
In an effort to continue stimulating the economy, the IRS will allow taxpayers who qualify for the child tax credit to receive half of the funds as equal monthly payments from July through December 2021 and the remaining half at time of annual tax filing. The IRS calculates the payment based on a person’s 2019 or 2020 tax return and will disburse payments by direct deposit if correct banking information has been provided to them. Otherwise, checks will be mailed.