Will there be double child tax credit payments worth up to $600 per child this month?

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SINCE mid-December, eligible American families have not seen a child tax credit payment from the Internal Revenue Service (IRS).

This is because the $3,600 child tax credit, which was temporarily increased by $2,000 under the American Rescue Act, has expired.

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The families have not received a monthly payment since December.Credit: Getty

From July to December, eligible families received up to $300 per child in monthly payments.

While families can claim the remaining $1,800 per child this month on their tax returns, it’s unclear if the $3,600 child tax credit will be extended beyond 2021.

Double Child Tax Credits Explained

Meanwhile, the idea of ​​doubling Child Tax Credit payments this month was floated by White House Secretary Jen Psaki in December.

This would have resulted in payments resuming in February and families would have received $600 per child to make up for the missed January.

She said: “If we do this in January, we have discussed with Treasury officials and others the possibility of making double payments in February.”

This scenario could have happened had Congress passed a bill.

However, this did not happen, as many senators are against expanding the child tax credit, namely Joe Manchin of West Virginia.

The Senate is split 50-50 between Democrats and Republicans, with Vice President Kamala Harris ready to sever ties if necessary.

However, Mr. Manchin stood in the way and President Joe Biden did little to pressure him to vote for his best rebuilding package, which includes an extension of $3,600 child tax credits. .

Manchin, who received 17 corporate contributions in October and 19 in November, says the expanded Child Tax Credit payments are too generous.

“Do you believe that people making $200,000 and $400,000 would still get the child tax credit the same way someone making $50,000, $60,000 or $70,000 who really does need,” the business Democratic senator told West Virginia radio show host Hoppy Kercheval in December.

The comments came a day after he said he could not vote for the reconstruction bill.

Will the Child Tax Credit pass and arrive this month?

Currently, an agreement on the bill doesn’t seem close — not to mention double child tax credit payments arriving in February.

Moreover, it is not known if it will even pass over time.

One thing the Senate could do is hold a vote on the Reconstruction Bill (with the child tax credit included) and lobby Mr. Manchin.

In particular, Senate Majority Leader Chuck Schumer is expected to take action.

Mr Schumer had previously said he would put the bill to a vote in January – but that never happened.

For more ways to get cash, we’re revealing seven stimulus checks and payments you can get this month.

Here are three scenarios in which you could get a fourth round of federal stimulus payments.

Plus, learn about 16 cities and states currently offering Universal Basic Income.

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