<figure>
 <img src="https://media.eaglewebservices.com/public/2020/9/1599869881583.jpeg" alt="" />
 <figcaption></figcaption>
 </figure>
By
NICK GOSNELL
Hutch
Post
HUTCHINSON,
Kan. — The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax returns filed with the agency, may be eligible to receive monthly Child Tax Credit payments starting in July."This is based on the change in the law which increased the amount of the Child Tax Credit for children under 6 and expanded the coverage to children who are ages 6 to 17," said Michael Devine with the IRS.The letters are going to families who may be eligible based on information they included in either their 2019 or 2020 federal income tax return. If they qualify, families who are eligible for advance Child Tax Credit payments will receive a second, personalized letter listing an estimate of their monthly payment, which begins July 15."This can be up to $300 per month for each qualifying child under age 6, or $250 per month for each qualifying child age 6 to 17," Devine said. Most families do not need to take any action to get their payment. "There is more information on <a href="http://irs.gov">irs.gov</a>," Devine said. "We're increasing the number of tools that are available on the IRS website and pretty soon, there will be a child tax credit portal that people can use to change their income status."Once the portal is live, if you qualify, but would rather get your credits in a lump sum along with your tax return, you can opt out of the new program.
<a href="https://hutchpost.com/download" target="_blank">CLICK
HERE</a>&nbsp;to
download the Hutch Post mobile app. 
<a href="https://hutchpost.com/posts/5e73b532afae0f4d5f5d90ea" target="_blank">CLICK
HERE</a>&nbsp;to
sign up for the daily Hutch Post email news update.

IRS sending out initial letters to those who could get monthly Child Tax Credit payments