As 1 400 Stimulus Checks Are Sent Out People Won T See Child Tax Credit Funds For Months
The American Rescue Plan expanded a number of tax benefits, including one that provides payments to parents for each child they have. Instead of receiving $2,000 per child, eligible parents will receive $3,600 for every child under 6 and $3,000 for every child over 6 and under 18. To be eligible for the full expanded payments, individuals must have adjusted gross incomes up to $75,000, $150,000 in the case of a joint filer....