Starting this summer, the federal government is sending money to parents with children as part of the expanded child tax credit. The child tax credit is not new. Parents can claim a $2,000 credit per child when you file your taxes. What is new this year is that the credit is much higher for certain families and you don't have to wait until you file your 2021 taxes to get it.

HOUSTON – The IRS started sending the very first stimulus payments in mid-April, but they are still millions they haven’t sent out. Even if you’ve checked it before and it gave you an error message or a “payment status not available” message, check it again. If they don’t have your bank account information, the IRS will hold your payment until it received your current mailing address. (800) 919-9835(800) 829-1040Will there be another stimulus payment? A second round of stimulus payments is possible, but it will be at least a month before that would happen.

Q: The IRS sent my stimulus payment to an old bank account that is now closed. This is generally the address on your most recent tax return or as updated through the United States Postal Service (USPS). Q: If my son is over 18 and I claimed him as a dependent, will he get a stimulus payment, or will I? A: Anyone over the age of 17 years old who is claimed by someone else as a dependent will not receive a stimulus payment. Will he still get a stimulus payment?