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IRS advance child tax credits from 2021 not returning in 2024 | Fact check
By BrieAnna J. Frank, USA TODAY,
12 days ago
The claim: IRS will give $300 to children under 6 monthly starting in July
A June 9 Facebook post ( direct link , archive link ) claims children will receive hundreds of dollars each month from a federal agency starting in July.
“In 2024, the IRS will make a $300 direct deposit payout on the 15th of each month to those under six,” reads text in the post, in what appears to be a screenshot of a Google search result. “Those aged six to seventeen will receive $250 every month. CTC Monthly Payments 2024 from the IRS are expected to go into impact beginning on July 15, 2024, for all eligible individuals.”
The post received nearly 100 shares in just over a week. Other versions of the claim spread widely on Facebook and Threads .
The claim is wrong on several fronts. It describes a program under the American Rescue Plan that provided advance child tax credit payments through direct deposit between July and December 2021 – but that money went to parents, not directly to children. There are no such programs going into effect in July 2024, experts told USA TODAY.
Biden's 2025 budget seeks return of advance child tax credits
There is no mention on the IRS website of a program matching the one described in the post, and tax experts told USA TODAY the claim is false. The website listed as a source in the apparent Google screenshot links to a domain based in India that is not a credible source.
“There were advanced payments for tax year 2021 under the American Rescue Plan, but those COVID relief provisions expired,” said Lisa Greene-Lewis , a tax expert for TurboTax.
President Joe Biden’s proposed 2025 budget sought to reinstate the expanded child tax credit of 2021 and allow families to receive their tax credits through monthly payments. Biden’s budget is unlikely to succeed in the Republican-controlled House but gives voters a signal of the president's priorities as he seeks re-election in November, as USA TODAY reported .
USA TODAY is a verified signatory of the International Fact-Checking Network, which requires a demonstrated commitment to nonpartisanship, fairness and transparency. Our fact-check work is supported in part by a grant from Meta .
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