Posted on Jul 15, 2021
The Expanded Child Tax Credit Is Here. Here's What You Need To Know
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https://www.npr.org/2021/07/15/ [login to see] /the-expanded-child-tax-credit-is-here-heres-what-you-need-to-know
If you have children under the age of 18, chances are good you'll be getting some cash from the federal government this week. In fact, check your bank account — the money might already be there.
The White House says $15 billion in payments have been sent out to the families of nearly 60 million children. Families will receive the funds by direct deposit or check. How much you get will depend on income and number of eligible children.
It's a huge undertaking by the IRS. The White House is describing the one-year expansion as historic relief to the largest number of working families ever.
If you have children under the age of 18, chances are good you'll be getting some cash from the federal government this week. In fact, check your bank account — the money might already be there.
The White House says $15 billion in payments have been sent out to the families of nearly 60 million children. Families will receive the funds by direct deposit or check. How much you get will depend on income and number of eligible children.
It's a huge undertaking by the IRS. The White House is describing the one-year expansion as historic relief to the largest number of working families ever.
The Expanded Child Tax Credit Is Here. Here's What You Need To Know
Posted from npr.org
Taxes
Children
Posted >1 y ago
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