Next child tax credit payments set to go out Monday
CNN
The latest round of monthly child tax credit payments is scheduled to be distributed to tens of millions of families on Monday. And it could be the next-to-last one unless Congress acts.
More than $15 billion was sent to families of roughly 61 million children last month, according to the Treasury Department and Internal Revenue Service. Eligible households have received a total of more than $61 billion since the first monthly payment in July.
Most parents automatically get the enhanced credit of up to $300 for each child up to age 6 and $250 for each one ages 6 through 17. The IRS is scheduled to send the final payment next month.
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