An enhanced child tax credit is expected to benefit roughly, 39 million Americans. If you are a part of this group you can expect to benefit financially from the credit this year, with eligible families set to see their first partial payment July 15. The tax credit will provide parents $3,000 total for each child aged 6 to 17 ($3,600 for children under 6), with the option of receiving half of the credit through advance monthly payments this year. To find out eligibility and to calculate your families estimated credit, visit CNETS’s child tax credit If you haven’t done so already. Also before next month two portals online will open, to help with the credit courtesy of the IRS. Families can choose through the portal, to have a lump sum or installment payments. I encourage you don’t miss your payments and to check eligibility. Have a great week!
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