The IRS has announced the Child Tax Credit program where American families with children 17 and younger will receive $300 recurring payments per child starting in July! The program will help approximately 36 million families and eligible families will receive $250 to $300 per child depending on age. Families can expect payments on July 15, August 13, September 15, October 15, November 15, and December 15 of 2021. Eligible families should have received a letter in the mail from the IRS notifying them of the payments. Eligibility requirements are: couples earning $150,000 or less can receive the full payments. The benefits total $3,600 annually for children under 6 and $3,000 for those who are older. Single tax filers who earn $75,000 or less are also eligible for the full tax credit. More information here!