The American Rescue Plan expanded the Child Tax Credit and sent monthly payments to most families on July 15, 2021. Most families received the expanded amount of the Child Tax Credit in 2021: $300/month for each child under age 6 and $250/month for each child ages 6 to 17. These advance payments expired on December 31, 2021.
***We want to hear from YOU about how your family used the monthly payments from the Child Tax Credit and how it helped your family make ends meet!***
These checks boosted families and helped Main Street businesses thrive. In some cases, the payments provided immediate relief for necessities, like food or clothes. But for more and more families, the money provided a first opportunity for investment in kids’ futures, beyond the next grocery store run. It's a life changer.
Tell us what the Child Tax Credit (CTC) means to you and your family. What would your life be like without the credit? What has the CTC helped you accomplish?