The IRS will begin disbursing monthly childcare payments to qualifying individuals on July 15, 2021. Here are the qualification criteria:
- Filed a 2019 or 2020 tax return and claimed the Child Tax Credit on the return
- A main home in the United States for more than half the year
- A qualifying child who is under age 18 at the end of 2021 and who has a valid Social Security Number
- Income below $95,000 for individuals $170,000 for married couples
According to the IRS website you do not need to do anything further to start receiving the payments if you already filed your returns and your bank information is still current. If you did not file a tax return in 2019 or 2020 then you can go on the IRS portal and enter information for you and your children.