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Child tax credit 2021 update – IRS November payments issued as calls mount for stimulus to continue in 2022

Child tax credit 2021 update – IRS November payments issued as calls mount for stimulus to continue in 2022

THE IRS has issued the payments for November, as calls mount for stimulus to continue next year. As much as $15billion in child tax credit payments were sent to families on Monday in the fifth installment of the program. After the November payment, families can expect one more advanced payment this year, in December. The other half of the child tax credit will be issued next year when taxes are filed. It comes as Biden’s $1.75trillion spending bill could open up the payments to millions more. The new spending program could drop a requirement for the payments that would allow… Read Full Article