How Will The CTC Be Sent?

The IRS is sending half of each family’s total estimated credits in six monthly installments beginning July 15 and will be sent each month until they end in December.

The payments will be sent through direct deposit in people’s bank accounts.

The IRS will mail paper checks to people for whom it doesn’t have bank account information. Those paper checks could take one to two weeks to arrive, Steber from the IRS said.