Most families who are eligible for the expanded Child Tax Credit will automatically receive direct payments beginning in July, but some will need to use a tool on the Internal Revenue Service's website to ensure they receive the money.
The new law also changed how people receive the credit, going from a lump sum when they file their taxes to monthly payments that will run from July through December. Child Tax Credit advance payments are set to start going out on July 15 and some people may need to register using an IRS tool to receive money. A man and woman wear protective masks while pushing children in a stroller as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on July 27 in New York City.
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