Riverside, California 2021-09-20 10:55:23 –
Some families who received child tax credits in July and August are still waiting for installments in September. Here’s what we know about the money we’re running out of:
Washington — The IRS has begun distributing installments in September. Prepaid child tax credit Last week, but some families are still waiting for their money to arrive.
Payments are expected to arrive on the 15th of every month, so September payments will either arrive in your bank account or be mailed to tens of millions of Americans last Wednesday.
On Friday, IRS acknowledged There is a problem with some of this month’s payments and we are investigating.
“We are aware that some individuals have received payments in July and August but have not yet received payments in September,” the IRS said in a statement.
To further complicate matters, the agency added that those who missed September payments may not yet be able to see the current situation. Online update portal..
“The IRS is currently investigating this situation and will share more information as soon as possible,” the agency said on Friday.
this is For the second straight month, some families have been waiting longer than expected For their child tax credit payments to arrive. In August, the US Treasury said that due to “technical issues,” some families expecting direct deposits would have to wait for a paper check by mail. The IRS estimated that last month’s issues affected less than 15% of participants.
How do I track a child tax credit?
Anyone can visit Child tax credit renewal portal Check to see if you have received a direct deposit or paper check this month.However IRS said September 17th Those who have not received the September payment may not be able to see their current status.
How much is the child tax credit?
Credit is $ 3,600 per year for children under 6 years old Children 6 to 17 years old.. Eligible families receive $ 300 per month for children under the age of 6 and $ 250 per month for children older.
Who is eligible for the child tax credit?
Benefits will begin to be phased out with incomes of $ 75,000 for individuals, $ 112,500 for heads of household, and $ 150,000 for couples. Families with incomes of up to $ 200,000 for individuals and up to $ 400,000 for married couples can continue to receive the previous $ 2,000 credits.
When will the payment be sent?
Payments are made to tens of millions of Americans, so don’t be surprised if it takes a day or two to appear.
The Associated Press contributed to this report.
Where is my September child tax credit? Source link Where is my September child tax credit?