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The child tax credit payments approved in the most recent coronavirus relief bill may not be sent to parents monthly, and …
Subscriber Account active since The child tax credit payments approved in the most recent coronavirus relief bill may not be sent to parents monthly, and may not even start in July, according to Charles Rettig, the IRS commissioner. The child tax credit is an allowance for parents within certain income limits. American citizens who qualify for the child tax credit can get part of it as recurring cash payments. On March 11, President Joe Biden signed into legislative action the $1.