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Andy Meek
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In a little over a month from now, millions of American families are going to start receiving the first of what will be a new stimulus check distributed each month for the rest of this year. We've been previewing this new round of direct stimulus payments in posts for a while now -- basically, they stem from an expansion of the federal child tax credit, which will give families up to $3,600 spread over a year for each eligible dependent child, with those payments starting on July 15.
And while this is such a massive undertaking, adding a new regular payment scheme to the IRS' normal collection efforts, there's some good news for families wondering how and if this affects them: The tax agency is in the process of just straight-up telling families beforehand to expect a check as part of this new recurring payment benefit.
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$3,600 in new stimulus checks start hitting your bank account sooner than you realize originally appeared on BGR.com on Tue, 8 Jun 2021 at 13:41:42 EDT. Please see our terms for use of feeds.
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