Answering your questions about the Child Tax Credit Payments: Part 1

The total Child Tax Credit for 2021 is $3,600 for each child under 6 years old and $3,000 for each child 6 to 17 years old.
Each month, you either get $300 or $250 for each child. Half of the amount of the tax credit will be split up between all of the payment dates from July through December, with payments made on the 15th of each month. The rest will be deducted when you do your taxes in 2022.
You get your monthly payment automatically by direct deposit or check.
While it’s too late to stop the check for the September payment,
you can unroll for the rest of the payments by going to the IRS website and using the child tax credit update portal. If you like the option of having big tax deductions and possibly getting a bigger refund, you’ll want to unenroll.

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