Child Tax Credit: When Will The First Monthly Check Arrive?

(CBS Detroit) — The Child Tax Credit was set up over two decades ago to lessen the financial burden of raising a child. Most parents and guardians are about to receive a little more help from Uncle Sam. The American Rescue Plan, passed in mid-March, increases the amount of the credit and changes its implementation in important ways. The $1.9 trillion COVID relief package raises the Child Tax Credit from $2,000 to up to $3,600, depending on the child’s age and the family’s incom