- On Thursday the Internal Revenue Service will begin delivering monthly installments of President Joe Biden’s enhanced child tax credit
- 39 million families are expected to start receiving payments
- Individuals who make under $75,000 and couples who make under $150,000 are eligible for the larger payments
- Americans in these income brackets with children under six will receive $3,600 per child, with monthly checks of $300 starting to go out July 15
- Children ages six through 17 will garner individuals and couples $3,000 per child, with monthly checks of $250 starting to be delivered Thursday
- The enchanced child tax credits were part of the $1.9 trillion American Rescue Plan, this year’s COVID-19 relief bill