Ctc Stimulus Monthly Payments 2024. This website provides information about the child tax credit and the monthly advance payments made from july through december of 2021. For children aged six to seventeen, the monthly payment will be $250, totaling $3,000 annually.
The child tax credit update portal allows families to verify their eligibility for the payments and if they choose to, unenroll, or opt out from receiving the monthly payments so they can receive a lump sum when they file their tax return next year. Households covering more than 65 million children will receive the monthly ctc payments through direct deposit, paper check, or debit cards, and irs and treasury are committed to maximizing the use of direct deposit to ensure fast and secure delivery.