Beginning July 15th, the IRS will begin monthly distributions of up to $300 per child as part of the expanded Child Tax Credit (CTC) created by the American Rescue Plan Act. 

Families can get half of the fully refundable credit—worth up to $3,600 per child (under age 6) or $3,000 per child (ages 6 to 17)—as monthly payments in 2021 and the other half as part of tax refunds in 2022.

Eligible families are encouraged to sign up with the IRS this summer or fall! 

NYC Free Tax Prep can help those who need to file in order to receive the CTC.

The fastest way to receive the advance payment is by direct deposit to a bank account. Individuals can visit Financial Empowerment Centers for help setting up a bank account if they don’t currently have one. 

ABOUT CPC

The Chinese-American Planning Council (CPC) is a social services organization that creates positive social change. Founded in 1965, CPC is the nation's largest Asian American social services organization and aims to promote the social and economic empowerment of Chinese American, immigrant, and low-income communities of New York City. CPC is the trusted partner to individuals and families striving to achieve goals in their education, family, community, and career. 

關於華策會

華人策劃協會（簡稱“華策會”）是一個致力於創造正向社會變革的社會服務機構。華策會成立於1965年，是美國最大的亞裔美國人社會服務機構，旨在促進紐約市華裔美國人，移民，及低收入社區的社會權益和經濟賦權。華策會是為實現其教育，家庭 ，社區及職業目標而努力的個人和家庭可信賴的機構。