Thousands of Americans Are Getting $1400/Person & $3600 CTC Payment – Could You Be One of Them?

Residents of the United States will get $1400 per person and $3600 CTC payments, which can help them pay their bills. This payment will be given to families whose children are dependent on them. This benefit given for families with children comes under the ‘Child Tax Credit’ (CTC).

Residents who meet the required eligibility criteria will get this amount sent to their bank accounts registered at the time of application. People are aware of what are the eligibility criteria and other conditions to receive $1400 per person and $3600 CTC payments.

Why is $1400 per person and $3600 CTC payment being given?

The US government is concerned that many citizens are not able to meet their essential expenses, and are facing poverty and hunger. The economic condition of the citizens has worsened further due to rising inflation in the country and the devastating impact of the COVID-19 pandemic.

Taxpayers who have paid tax and have dependent children can avail the CTC benefit. The estimated amount to be given under this scheme in 2024 by the department is $1400 per person and $3600 CTC payment.

IRS Child Tax Credit Payment Information

Program Details
Authority	IRS, Internal Revenue Service
Program	Child Tax Credit
Country	USA
Amount	$1400 + $3600
Status	Not Confirmed
Category	Government Assistance
Official Website	IRS Official Website

$1400 per person and $3600 CTC Payment Amount

This payment benefit is given to citizens due to the increase in inflation rates. The CTC benefit amount is refundable, and the maximum refund in 2024 will be $1900, while in 2025 it can increase up to $2000.

This year, citizens may have to pay more due to inflation, but if the department approves the payment, $1900 will be refunded.

Eligibility for $1400 per person and $3600 CTC payments

People in the US who are facing financial crisis and want to receive $1400 per person and $3600 CTC payments must follow the eligibility criteria. The IRS has very carefully set up all the eligibility conditions to ensure that only those who have been truly affected can avail this assistance.

The eligibility criteria are as follows:

• All applicants must reside in the United States.
• Applicants must submit 2023 or 2024 federal tax returns.
• Applicants must have permanent legal citizenship.
• The maximum age of a child staying in the dormitory must not exceed 17.
• Dependent children must be directly related to the applicant.
• Dependent children must have a Social Security number.

How to get $1400 per person and $3600 CTC payment?

The application process for this payment is simple. To do this, you can follow these steps::

1. First of all, visit the official website – irs.gov.
2. Now, login to your dashboard using your user ID and password.
3. Click on the “Apply Now” option on the dashboard.
4. Fill in all the required information in the application form and upload the required documents like proof of identity and address.
5. Re-check your application information and then submit it.

Truth of $1400 per person and $3600 CTC payment

The news circulating about $1400 per person and $3600 CTC payment is false. Such payment will not be announced until there is an official confirmation from the department. The IRS has not announced any program or payment at this time. Hence, citizens should be cautious of these claims and not trust the rumors.

Frequently Asked Questions (FAQs)