IRS will Begin Child Tax Payments in July

88% of American children eligible. 

The IRS announced that it would begin the implementation of direct payments to American families with children starting on July 15. The payments, a part of the sweeping COVID-19 efforts passed by Congress, would provide monthly credits to about 88% of American children. The payments are expected to be sent by the same means as the stimulus checks sent by the Treasury Department. 

President Biden released a statement saying, “The American Rescue Plan is delivering critical tax relief to middle class and hard-pressed working families with children. With today’s announcement, about 90% of families with children will get this new tax relief automatically, starting in July.” 

As the Lord Leads, Pray with Us…

  • For legislators as they work with the president’s administration on federal spending plans.
  • For God’s purpose to be accomplished as the government endeavors to reduce poverty for children.
  • For the IRS to manage the payments effectively. 

Sources: The Hill, CBS, NBC


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