Third child tax credit payment being distributed now

CNN– Millions of families will receive more money in their bank accounts, courtesy of the IRS. The agency began distributing its third child tax credit payment Wednesday.

Most parents will receive up to $300 for each child six-years-old or younger and $250 for each child between 6-17 years old.

After Wednesday’s distribution, the IRS will have three more monthly payments to send.

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