What if I earn above the threshold?

The Child Tax Credit is still available for people who earn over $95,000 and joint filers earning $170,000 — but they will receive the regular CTC of $2,000 per child. That means they'll receive monthly payments of about $167 through December, representing half of the $2,000 regular CTC.

That $2,000 tax credit is available to single taxpayers earning less than $200,000 and married couples earning less than $400,000, although the tax credit starts to phase out for taxpayers who earn over those limits, according to the Tax Policy Center.

Still over the limit for the regular 2000 CTC?