Child tax credit 2022 update – Parents could get DOUBLE payment of $600 in February or $900 in March from IRS

FAMILIES may receive two child tax credit payments in February if Congress passes a new bill to continue the program. For the first time in six months, families will not receive a $300 payment on January 15, 2022. However, the Biden administration is crafting a bill that would return the payment in February, with a back payment issued for the missed January installment. The deadline for Congress to extend the $300 child tax credit payments into 2022 is December 28, and there has been no indication that the deal will be reached by then. Democrats have pushed for Congress to… Read Full Article