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Child tax credit: First payments go out July 15

Child tax credit: First payments go out July 15 By Austin Williams Kamala Harris gives remarks on Child Tax Credit expansion Vice President Kamala Harris spoke in Pittsburgh on Child Tax Credit Awareness Day on June 21, 2021, a day intended to make Americans know about the monthly payments starting July 15. WASHINGTON - Starting this week, millions of American families can expect to receive the first round of payments from the new expanded child tax credit that was signed into law in March after the passage of President Joe Biden’s $1.9 trillion coronavirus relief package. As part of Biden s relief bill, eligible families can receive as much as $3,600 for each child under the age of 6. The tax credit will be $3,000 annually per child between the ages of 6 and 17.

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