May 1, 2021

Child

Child tax credit expansion 2021: See if you’ll get $500, $3,000 or $3,600 per child

Calculate how much money you could get from the expanded 2021 child tax credit.


Sarah Tew/CNET

Beginning in July, the first of seven child tax credit payments will be sent to you if you have qualified dependents (including newborn babies and older kids in college). The first half of the child credits will arrive from July to December unless you opt out of the monthly payments, with the rest coming in 2022. The payments may also eventually get extended to 2025 — President Joe Biden pushed for this to happen during his speech on Wednesday evening. 

The child tax

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TikTok Child Privacy Lawsuit Alleges Misuse of Personal Data of Millions of Minors

TikTok is facing a new legal challenge in the United Kingdom, as a former Children’s Commissioner is heading up a privacy lawsuit that could involve millions of minors. The suit alleges that TikTok violated child privacy laws in its collection of personal information and in transferring it to third parties.

The suit is noteworthy in that it would include essentially all of the platform’s underage users in the country, which could be at least half of the national teen and adolescent population. Should the privacy lawsuit unfold as intended, it could cost TikTok billions in combined UK and EU fines.

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Child tax credit checks for babies to 24-year-olds: Here’s how much money you’ll get per kid

Calculate how much money you could get from the expanded 2021 child tax credit.


Sarah Tew/CNET

Starting in July, you could begin receiving the first of seven child tax credit checks — but you can opt out of the monthly payments. Half of the child credits that are part of the March stimulus bill will arrive throughout the second half of 2021 and the other half will come in 2022. How exactly the IRS will work out the payment schedule, and the rules around who qualifies can be confusing. For instance, if your adjusted gross income for 2021

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Child tax credit calculator: Will you get $500, $3,000 or $3,600 per kid? Here’s your monthly total

Calculate how much money you could get from the 2021 child tax credit.


Sarah Tew/CNET

With the temporary expansion of the child tax credit for 2021, you could get a total of seven checks over the next 12 months — or one big check if you opt-out of the monthly payments. Under the newly revised credit, you’ll get more money per child and will also receive your payment sooner. The math is complicated, with confusing qualification rules and the payment schedule split into uneven chunks. For example, did you know that you could get less if your

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Child tax credit checks for how much? How to calculate your family’s monthly payment

Calculate how much money you could get from the 2021 child tax credit.


Sarah Tew/CNET

The IRS is on track to send the newly enhanced 2021 child tax credit through monthly payments, a task it will begin organizing after sending more stimulus check “plus-up payments” and processing more 2020 tax returns. Luckily, you don’t have to wait until the checks start to arrive in July to estimate how much money you could get monthly with the new child tax credit. And since the stimulus law governing the qualifications for families and eligible children is so

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IRS $3,000 child tax credit: New timeline for monthly payments

Details on the child tax credit payments are still in the works, but money is expected to start going out in July. Here’s what we know.


Sarah Tew/CNET

In just a few months, the IRS will start sending out the expanded child tax credit payments to eligible families with qualifying dependents. If you qualify, you’ll start receiving monthly payments from July to December, per the IRS, and the rest of your money will come with your 2021 tax refund.

Payments will range between $500 and $3,600 for each dependent, depending on age (see below). And if you have

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