IRS adds tools to help parents claim expanded child tax credit payments
By Tami Luhby Parents can now check their eligibility for the expanded child tax credit and manage their payments, which begin next month, using two online tools the Internal Revenue Service debuted on Tuesday. An eligibility assistant allows families to determine whether they qualify for the advance credit by answering a series of questions. Eligible parents will get $300 a month for each child under age 6 and $250 for each one ages 6 to 17 in monthly payments starting July 15 and running through the end of the year. Another tool lets parents verify their eligibility for the credit and opt out of monthly payments,