Child tax credit update: IRS to issue 2nd round of payments this week


Child tax credit update: IRS to issue 2nd round of advance payments this week

Eligible parents are expected to receive their 2nd payment for the new child tax credit this week and families can expect the payment to hit bank accounts by Friday the 13th. This will be the 2nd of 6 payments for qualifying families with children under the age of 6 who’ll receive $300 per child each month while families with kids ages 6 to 17 will receive $250 per child monthly as well. Now the IRS says the remaining half of the credit will come in the form of tax refunds that’ll bring the total to $3,600 for families with kids under 6 and $3K for families with older kids. (Full Story HERE)


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