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questionseverything

(9,645 posts) Fri Mar 19, 2021, 08:06 PM Mar 2021

About the increase of child tax credit

Is there a limit on how many kids?

Or could a person with ten kids get a three grand check every month?

1 replies

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About the increase of child tax credit (Original Post) questionseverything Mar 2021 OP

no limit... pnwest Mar 2021 #1

pnwest

(3,266 posts)

1. no limit...

Reply to questionseverything (Original post)

Fri Mar 19, 2021, 08:18 PM

Mar 2021

the total tax credit is $3600 for children under 6, and $3000 for children 6-17. The advance payments will come in 6 installments from July to December, and is equal to half of the total tax credit you'll be entitled to.

So, for 10 kids aged between 6 and 17, you'd get 6 payments of $2500, and then the balance of $15000 when you file in 2022.

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