Families now receiving third child tax credit payment

September 17, 2021

The IRS and Treasury announced Wednesday, Sept. 16, that millions of American families are now receiving their advance child tax credit (CTC) payment for the month of September.

This third batch of advance monthly payments, totaling about $15 billion, is reaching about 35 million families starting this week. Under the American Rescue Plan Act, more CTC payments are set for Oct. 15, Nov. 15 and Dec. 15.

For these eligible families, each payment is up to $300 per month for each child under 6 years and up to $250 for each child ages 6 and 17. See more details.

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