Child Credit Tax Payments Are Starting Soon!
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The first round in the Child Credit Tax payments are about to come out in just a few weeks. You will either get a direct deposit or a paper check sent out on July 15th. You can also choose to unenroll from this and just get your full Child Tax Credit at tax time next year. The IRS has finally set up a tool to help parents unenroll or make changes, see if they qualify and more.
Right now the payments are $300 per kid 5 years and younger and $250 per kids 6-17 years old. You will receive the second half of your payments when you file taxes next year. Click the link below to read more about the new IRS tools and learn how to sign up.