The Child Tax Credit checks are phased out for those who have more income, just like the three stimulus checks sent by the government during the Covid-19 pandemic.
If they earn $75,000 or less, single parents or parents filing their taxes as single parents will be eligible for full checks.
For those earning more than $75,000, your monthly check will be reduced by $50 per $1,000. Then it will eventually phase out entirely.
For married couples filing taxes together and earning up to $150,000 per year, they are eligible for full payments. The same applies if the payments end.