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The Internal Revenue Service (IRS) will finally begin to distribute the Child Tax Credit checks next week, the day of July, with which millions of families throughout the country will be able to have extra economic relief especially for those who do not have sufficient economic income .
It is expected that this aid program allows 39 million low- and middle-income families to receive Monthly checks up to $ 300 dollars by minors during the second half of this year, a situation that may leave those who qualify to receive the checks alone.
The objective of this The support is intended that the money that is awarded can help parents to guarantee the food supply for minors , they will even be able to purchase diapers and other necessities, as well as pay off debts or accumulate savings for emergencies.
The IRS recently released a tool to make claiming cash easier and has now given families a quick way to direct money to a savings account or checks. Even the the agency has made a national campaign so that millions of people can have the necessary information to register .
The Internal Revenue Service recently launched its Child Tax Credit update portal that allows Americans determine your eligibility for the enhanced child credit and manage and monitor your monthly payments. With which the beneficiaries can have a better certainty of where their payment is .
The IRS added the new portal the ability for families to match that the support goes to the right place of the recipients . You can not only verify your eligibility, but also review the bank details that the tax agency has on file for you, and make any necessary changes.
The Pandemic relief package approved by Congress strengthened the credit for 2021, thereby guaranteeing the six-month distribution of the direct payments for to families with children having a range of $ 250 per month per minor between six to 17 years, and up to $ 300 monthly for children under six years .
One of the great advantages of this new portal has to do with the benefits it offers to the beneficiaries, since if anyone realizes that they are not registered for direct deposit , but you are online to receive paper checks, you can change that by adding the account and routing numbers .
According to the IRS, that way the beneficiary will receive and have access to the support money more quickly, starting with the second payment on 13 of August. So if you have any questions about it, it is essential that you can enter the Child Tax Credit portal and verify your information.
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