>13684619 (pb)

Streamed one month ago. Hmmm

Child cash benefit will begin hitting millions of parents’ bank accounts July 15

Biden administration estimates 88 percent of all American children are slated to receive new monthly payments – with no action required.

The Internal Revenue Service will on July 15 start delivering a monthly payment of $300 per child under 6 and $250 per child 6 or older for those who qualify. The monthly benefits will be deposited directly in most families’ bank accounts on the 15th of every month or the closest day to that date, if the 15th falls on a holiday or weekend for the rest of the year, without any action required. For instance, an eligible family with two children aged 5 and 13 will receive $550 from the IRS directly to their bank accounts on or close to the 15th of every month from July to December.

https://www.washingtonpost.com/us-policy/2021/05/17/biden-child-tax-benefit/