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6 Possible Reasons Your Child Tax Credit Payment Is the Wrong Amount


The first of six advanced child tax credit payments hit millions of parents’ bank accounts yesterday, providing them with up to $300 per child for the month of July.
But many people received less (or sometimes more!) than what they thought they were eligible for. The White House and the IRS did send out letters disclosing how much money families could expect to receive, but in some cases, parents ended up with payments that conflicted with their own calculations.
If you’re trying to figure out why the amount you received is different than what you thought it would be, here …

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