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What you need to know about the Child Income Tax Credit

Starting on July 15 parents across the country began seeing money showing up in their bank accounts.
Author: Kris Radcliffe
Updated: 10:32 PM CDT July 21, 2021
TEMPLE, Texas There has been a lot of talk about the Child Income Tax Credit that just went into effect on July 15. What does it mean for parents out there, and who will be seeing the money?
The American Rescue Plan institutes a fully refundable child tax credit for 2021, increasing the maximum amount eligible parents can receive for simply having a qualifying child dependent to $3,000 per child ages 6 to 17 per year, or $250 per month.
It will be even more for children under the age of 6. That credit equals $3,600 annually, or $300 per month. ....

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If There Is a Fourth Stimulus Check, You Probably Won't Get It

Bad news for most Americans: Even if there is a fourth stimulus measure, which appears highly unlikely at the moment, it will probably not be available to most middle-class Americans. ....

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Child Income Tax Credit: The New 'Stimulus Check' Coming Next Month

The IRS is scheduled to begin sending out its advance payments of the Child Income Tax Credit on July 15; thereafter, the monthly payments will be sent on or near the 15th of each month from July until December. ....

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You're Not Getting a Fourth Stimulus Check (Biden Might Have Something Better)

You’re Not Getting a Fourth Stimulus Check (Biden Might Have Something Better)
In mid-May, a group of seven Democratic lawmakers, all members of the House Ways and Means Committee, sent a letter to President Joe Biden advocating for a fourth stimulus payment.
In mid-May, a group of seven Democratic lawmakers, all members of the House Ways and Means Committee, sent a letter to President Joe Biden advocating for a fourth stimulus payment.
Though Biden has not announced any plans for a fourth check, and pointedly ignored the issue during his hundredth-day address to Congress, the letter’s authors were undeterred. They pointed out that, according to some estimates, as many as six in ten Americans are still worse off than they were during the pandemic. The group cited the benefit that the three previous checks had made – it is estimated that they kept sixteen million Americans out of dire poverty – before arguing that a fourth $2000 check would assist an additional ....

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Will Americans Get a Fourth Stimulus Check?

The ethical arguments for one are convincing. After $3200 in direct payments, many Americans remain worse off now than at the beginning of the pandemic, particularly those in blue-collar jobs which could not be done virtually during the lockdowns of 2020. ....

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