Washington (May 30, 2003) -- Beginning the last week of July, eligible taxpayers who claimed the child tax credit on their 2002 tax returns will automatically receive an advance payment of the 2003 increase in this credit, according to the Treasury Department and the Internal Revenue Service.
"The only thing the taxpayer needs to do is cash the check," said Mark W. Everson, IRS commissioner. "If you qualify, we will send you a notice. There's no need to call, no need to apply, no need to fill out another form. The IRS will do all the work. A few days after the notice, you will get the check."
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