17.6 C
Saturday, June 25, 2022

Stimulus Check: Child Tax Credit Payments En Route

Stimulus Check demands for the fourth round have intensified to a great extent. The demands have now been around for a long time. People have been pushing the claims for almost two months now. The Stimulus Check provided a huge monetary relief to the citizens of America. It was first announced by the federal government in March. 

The checks catered to a lot of Americans. It also helped to reduce the financial burdens on the common masses. However, after the rolling out of the third check, there seems to be no possibility of more payments.

- Advertisement -

The common people of America do not seem to be satisfied with the government. Despite demands & requests, the federal government seemed to turn a deaf ear. They are not keen on providing another set of payments. The government initially stated that they are ready to consider ideas regarding future payments. However, in reality, they did not show much interest.

The pandemic seems far from over in America. New cases of infections are being reported every day. The newly found Omicron strain is lurking around the corner. Masks have been made compulsory once again.In such circumstances, people are speculating on another shutdown. Eligible families can still bank on the Child Tax Credit. The money is expected to reach the recipients soon. 

Stimulus Check Money Worth $1800 To Be Dispatched

December will be the last month of the Child Tax Credit for the year. As per the provision, the money would be divided in half over one year. Individuals earning less than $75000 annually can claim the money. Children below eighteen years will get $250 monthly. Kids within seven years will be provided $300 per month. 

- Advertisement -

This, the Stimulus Checks adds up to $3600 and $3000 respectively. Eligible citizens will receive $1800 & $1500 for this year’s tax return. They will receive the rest once they submit their return in the coming year. 

- Advertisement -

Follow Us


Latest news