CTC Stimulus Monthly Payments 2024, Check Amount, Eligibility & Dates The American Rescue Plan’s expansion of the child tax credit will (1) increase the income of all families receiving the tax credit, and (2) make the credit available to a greater number of new families. The credit amount has been increased for 2021. The American Rescue Plan increases the amount of the child tax credit from $2,000 to $3,600 for eligible children under age 6, and to $3,000 for other eligible children under age 18.
By making the child tax credit fully refundable, low-income families will be entitled to receive the full credit benefit, as significantly expanded and enhanced by the American Rescue Plan. The scope of the credit has been expanded. The American Rescue Plan allows 17-year-olds to qualify for the child tax credit. Previously, only children age 16 and younger were eligible.
CTC Stimulus Monthly Payments 2024 Overview
| Conducting Body | The United States Government |
| CTC Monthly Payments Eligibility | USA citizens |
| CTC Payment Start Date | July 2024 |
| Category | Finance |
| Official Website | https://www.irs.gov/ |
CTC Eligibility Criteria 2024
Families eligible for CTC Stimulus Monthly Payments in 2024 must meet specific criteria. Below are the eligibility requirements for CTC Stimulus Monthly Payments:
- You must have filed your 2023 or 2024 federal income tax return.
- The dependent child must be aged 6 to 17 years.
- The child must be your biological child, foster child, stepchild, half-sibling, or legally recognized dependent.
- The dependent must have lived with you for at least six months of the year.
- The applicant must have a Social Security Number (SSN).
CTC Stimulus Monthly Payments Amount 2024
| Age Of Your Child | Payment Amount (Per Amount) |
| Children aged 0-6 years | Families will receive $300 per month. |
| Children aged 6-17 years | Families will receive $250 per month |
CTC Stimulus Monthly Payments Schedule 2024
| Day | CTC Stimulus Monthly Payment Date |
| Saturday | 15th June 2024 |
| Monday | 15th June 2024 |
| Tuesday | 13th August 2024 |
| Friday | 15th September 2024 |
| Tuesday | 15th October 2024 |
| Friday | 15th November 2024 |
| Sunday | 15th December 2024 |
How to Apply for CTC Stimulus Monthly Payments 2024?:
- First of all Visit the official IRS portal at www.irs.gov.
- after that option from the dashboard Click on the “Apply Now” .
- after that Accurately fill out the application form with the necessary details.
- after that Attach the required documents as requested.
- after that Review the form before submitting it.
Important Links
| Official Website | Click Here |
| Home Page | Click Here |