Payments from expanded child tax credit to start arriving soon
Families who didn t file tax returns should fill out form to get benefit Share Updated: 6:39 PM EDT Jul 12, 2021
Families who didn t file tax returns should fill out form to get benefit Share Updated: 6:39 PM EDT Jul 12, 2021
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Show Transcript CHILD TAX CREDIT. STARTING JULY 15, THOUSANDS OF NEW HAMPSHIRE FAMILIES WILL START RECEIVING MONTHLY PAYMENTS FROM THE IRS. THE AMERICAN RESCUE PLAN IS EXPANDING THE CHILD TAX CREDIT ANNUALLYROM F$2,000 PER CHILD TO $3,000 FOR OLDER CHILDRENND A $3600 FOR CHILDREN UNDER THE AGE OF SIX. THIS EXPANSION RECOGNIZES THE INCREDIBLY HIGH COST OF RAISING CHILDREN AS WELL AS PRIORITIZING CHILDREN’S HEALTH AND WELL-BEING. MIKE: PAYMENTS OF UP TO $300 PER CHILD WILL BE DIRECTLY DEPOSITED INTO THE BANK ACCOUNTS OF FAMILIES WHO FILED A TAX RETURN IN 2020. THOSE WHO DID NOT FILE A RETURN WILL NEED TO FILL OUT AN ONLINE FORM WITH THE IRS. TH