Monthly Child Tax Credit Payments Set to Start July 15

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Says 39 million families are set to receive monthly child payments starting this summer. It's part of President Biden's $1.9 Trillion coronavirus relief package on July 15th. The 15th of every month thereafter. Throughout the year, you will get deposited in your bank account half of your tax cut at least $250 per child each month. The law expanded the child tax credit for one year and made it possible to pre pay the benefits. Nearly 88% of Children qualify without their parents needing to take any action. The

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