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Child Tax Credit Payments Start Going Out In Mid-July

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Today’s tax deadline also brings some good news for many Americans. Roughly 39-million American families will start receiving monthly child tax credit payments in mid-July. The payments are covered by the massive COVID stimulus bill that was passed in March.

The bill raised the maximum payments families can receive per child this year, from two-thousand to 36-hundred dollars. The White House called it vital tax relief for hard working families.

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