Glitches, confusion leave parents without advance child tax credit payments

child tax credit payments glitches
Egypt
  • Date: 07/21/2021
  • Source: Washington Post
  • Sector: Economy
  • Country: Egypt

Glitches, confusion leave parents without advance child tax credit payments

Misinformation, glitches and delays are all fueling confusion about the monthly child tax credit payments that the IRS has begun sending to tens of millions of American families. This initial batch of payments, directly deposited July 15, is the first of six this year.Support our journalism. Subscribe today.arrow-rightThe payments are part of the Biden administration’s effort to get money into the hands of struggling families. Families with children 5 and under can receive up to $300 a month. For parents of children ages 6 through 17, it’s up to $250 a month.Opinion: Biden’s child tax credit should be obvious. Yet the result is revolutionary.Those who got their money were elated, with many people posting on TikTok to chronicle their excitement. One TikTok user wrote, “Got my 1st child tax credit payment. Biden paying more child support than my baby daddy.”Story continues below advertisementRep. Alexandria Ocasio-Cortez (D-N.Y.) asked her nearly 13 million Twitter followers, “Who’s gotten their CTC today? How is it going to help you out?” One Phoenix follower said the $250 payment went to help pay part of a $400 bill to the utility company SRP. “Normally we’re choosing between food and the SRP bill — not this