Treasury Department

@USTreasury ↗

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Last Checked July 1, 2021

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Mon May 17 12:30:29 +0000 2021

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Treasury Department @USTreasury

The ARP increased the max Child Tax Credit in 2021 to $3,600 for children under the age of 6 and to $3,000 per child for children between ages 6 and 17. ARP is projected to lift more than 5 million children out of poverty this year, cutting child poverty by more than half! — PolitiTweet.org

Posted May 17, 2021

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Treasury Department @USTreasury

NEW: The first monthly payment of the expanded and newly-advanceable Child Tax Credit (CTC) from the American Rescue Plan will be made on July 15. Roughly 39 million households—covering 88% of children in the US—are slated to begin receiving monthly payments automatically. — PolitiTweet.org

Posted May 17, 2021

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Treasury Department @USTreasury

Payments will be made on the 15th of each month, unless the 15th falls on a weekend or holiday, allowing families who receive the credit by direct deposit to plan their budgets around receipt of the benefit. — PolitiTweet.org

Posted May 17, 2021