Child tax credits are still going and millions of families will be getting stimulus money worth up to $300 just before the holiday.
On Nov. 15 almost 36 million families were sent checks worth up to $300.
Those receiving checks by direct deposit should have seen the money hit their bank accounts by now.
If it is mailed in the form of a check, it may take a bit longer.
Since July families have been getting monthly payments worth up to $300 per child.
Five payments have gone out so far and one more is scheduled for Dec. 15.
Whether the program will continue in 2022 is currently unknown.
Next year families can claim up to $1,800 per child, the second half of their child tax credit. By Dec. 15 families will have received the first half unless they opted out.
Kids under age 6 usually get checks worth $300, kids ages 6-17 get checks worth $250, and students 24 and under get a total of $500.
Families can still opt out of the program to not get the check in Dec. if they do so by Nov. 29.
Some choose to opt out if their tax details changed and they want to avoid an overpayment.
This can be due to a child aging out or a change in income.
Families may unenroll through the Child Tax Credit Update Portal.
Families welcome the payment this month as they prepare to pay inflated prices for Thanksgiving dinner ingredients.
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