Under the new rules for the child tax credit, payments are expected to arrive in two phases. The first half will arrive as monthly checks, from July 15 through December 15. The other half will be paid out when you file your 2021 tax return in 2022.
If you qualified and filed a 2020 return by this year’s May 17 tax deadline, you should expect to receive monthly checks automatically. You can also opt out to receive more payments before the August 2 deadline. Check the Child Tax Credit Update Portal to visit and unenroll.