Renewal of tax credit for children: payments in September are delayed

Renewal of tax credit for children: payments in September are delayed

OhOn the 15th of each month, families throughout the United States must receive their prepayments Money for a child tax credit in 2021. However, many families are still waiting for the payment, which was to take place on September 15th. After the July and August payments the first two are in special Schedule of tax credit payments for a child in 2021, were made on time, September for some takes longer.

This is not a problem related to whether families are entitled to pay up to $ 300 per month for a child aged five and under or up to $ 250 per month for a child between the ages of six and 17. payments through paper checks or bank deposits in July and August, they should also receive their money around the same day in September, October, November and December.

Why is the IRS delaying paying its children’s tax credit in September?

The Internal Revenue Service (IRS) acknowledged that there is a problem with publishing a statement to clarify what is happening with the September tax credit payments for children.

“This week, the IRS has successfully provided a third monthly round of approximately 35 million tax credits for children totaling about $ 15 billion,” the IRS said. “We are aware of cases where some individuals have not yet received their September payments, although they did receive payments in July and August. These individuals cannot yet obtain current status on the update portal. The IRS is currently understanding this situation and we we will discuss more information as soon as possible. “

Waiting for more information is all that can be done at the moment. Families awaiting payments are encouraged to check for the latest updates on the IRS website and social media, and to continue checking their mailboxes and bank accounts as these payments are due to happen soon.

What problems may arise in connection with the delay in payment of the tax credit for the child in September?

These delays have already caused some problems for families who have started counting on the money coming in the middle of each month.

“I saw it as reliable, and it has to be as reliable as my father, who gets a Social Security check every month,” 38-year-old Tacy Harp explained in an interview with CBS. “I billed and managed my budget, waiting for that money. Now my bank is overfulfilled. It’s very frustrating.”

The harp is not the only one. Many families are frustrated by the delays in the tax credit for children in September. These families will hope that payments will be made soon.