The Internal Revenue Service will be sending payments to qualified recipients via direct deposit, debit cards or paper check as part of the American Rescue Plan Act.
The payments are scheduled to start on July 15.
The payments are an advance on the child tax credit, which means eligible people will get up to half of their child tax credit in these monthly payments and the other half when they file their 2021 taxes.
You can go to IRS.gov to see who qualifies, how much you may receive, and how to address any problems.
With the payments on the way, the BBB and the Federal Trade Commission are warning everyone to be on the lookout for scams.
They say when the government is in the news, scammers will likely use their standard playbook.
In many cases scammers will offer to “help” get your payment earlier or get more money.
BBB and the FTC are sharing the following tips: