Child tax credit 2022 update – IRS sending new ‘$3,600 stimulus’ check payments after January as direct 2021 boosts end

AMERICAN families could be getting new “$3,600 stimulus” payments when tax returns are filed this year following the end of direct 2021 check boosts. Although most families received six advance child tax credit payments in 2021, worth up to $1,800 per kid, they could now receive up to $3,600 per child under the age of six when tax returns are filed in April. The payments are part of the child and dependent tax credit. The credit is to help families provide care and support for their children by covering other costs. The American Rescue Package was passed by Congress in… Read Full Article