Child Tax Credit: When Will Your First Monthly Check Come?

(CBS Miami) — The Child Tax Credit was set up in the late 1990s to soften the financial impact of raising a child. Plenty of parents and guardians are about to receive a little more help from Uncle Sam. The American Rescue Plan, passed in mid-March, makes the credit more valuable 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 income. Q