Third round of coronavirus relief offers significant cash to parents

What you need to know about payments for children and dependents in the American Rescue Plan

House Speaker Nancy Pelosi (D-Calif.) leaves a news conference in Washington on Tuesday. (Al Drago/Bloomberg News)

For parents, the next round of stimulus payments could deliver some serious cash.

The American Rescue Plan, expected to be approved and signed into law this week by President Biden, contains several provisions directly aimed at helping parents: Larger stimulus payments of $1,400 for each dependent, an increase in the child tax credit, and more money funneled through the tax credit to help parents offset work-related child-care expenses.

The bill was adopted by the Senate on Saturday and awaits a final vote from the House. Biden has said he will sign the measure into law.

“The provisions in the bill for parents are significant,” said former taxpayer advocate Nina Olson, who is now executive director of the Center for Taxpayer Rights. It “targets the assistance to families who are among those needing the greatest help, those who have so little income they do not have a tax liability.”

Here are some answers to questions you may have about payments for children and other dependents in the latest stimulus package.

Economic stimulus or economic relief: Here’s what we know about who might qualify for the next round of coronavirus checks and how much they’ll get. (Video: Monica Rodman, Sarah Hashemi, Monica Akhtar/The Washington Post)

Have questions about Biden’s stimulus package? Ask The Post.