The Child Tax Credit in the American Rescue Plan provides relief with a child tax credit – and most families will automatically receive monthly payments without having to take any action.
For those with children, the American Rescue Plan increased the Child Tax Credit from $2,000 per child to $3,000 per child for children over the age of six and from $2,000 to $3,600 for children under the age of six, and raised the age limit from 16 to 17. All working families will get the full credit if they make up to $150,000 for a couple or $112,500 for a family with a single parent (also called Head of Household).
Families who are not automatically enrolled because they did not have to file taxes last year can sign up using this online tool.