The American Rescue Plan expanded the Child Tax Credit, so families can qualify for more money and can receive payments monthly, rather than having to wait until the end of the year. Eligible families will receive $3,600 per child younger than 6 and $3,000 per child ages 6 to 17. Payments will start to automatically arrive on July 15 for most families, but some families may need to take action to receive the benefit. Pediatricians can play an important role in making sure families know about this credit.
Check out these new resources from the American Academy of Pediatrics!