Next Child Tax Credit payment set to hit bank accounts
U.S. is sending the second installment in the enhanced program on August 13. Here's what you need to know.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
U.S. is sending the second installment in the enhanced program on August 13. Here's what you need to know.
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The tax agency said it's fixed the problem, with qualifying families scheduled to receive the payments in August.
Low-income parents or those who had children born this year may need to take steps to get the credit, analysis says.
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Some parents say their checks weren't for the correct amount, while others are still waiting. Here are a few answers.
Homebuyers are "particularly sensitive" to interior paint, with some trendy colors a turnoff, the analysis found.
Another 2.2 million payments are landing in bank accounts and mailboxes, with some people getting "plus-up" payments.
The overpayments occurred in several pandemic programs, but only one billion is related to fraud, the report says.
It was a choice between "back-to-school stuff or food" before the first government check arrived, one mom said.
Questions abound about the new tax program, ranging from whether newborns can get checks to the impact of marital status.