Families can easily estimate their advance child tax credit

Families can easily estimate their advance child tax credit payments with H&R Block’s online calculator
HRB Tax Group, Inc.
Kansas City, Missouri, UNITED STATES
KANSAS CITY, Mo., June 28, 2021 (GLOBE NEWSWIRE) -- This July, millions of families will receive their first monthly child tax credit advance payment as part of the March 2021 American Rescue Plan. Now people can better understand how much money they might receive and the impact of the changes to their tax return next year, with the help of H&R Block’s new online calculator.
“These payments are important to families and there may be confusion about the new monthly payments,” said Bob Moretti, H&R Block’s senior vice president of U.S. retail operations “H&R Block is here to help answer questions and our new online calculator will help people understand what to expect for their monthly payments now and when they file their taxes next year.”

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