FAMILIES across the US are due to receive another $300 check in four days as the next round of the child tax credit rolls out.
This month’s wave of payments is set to go out on September 15, and the following three payments will also go out on the 15 of each month.
Most recipients will get half of the amount on a monthly basis and the other half in a combined payment during next year’s tax season.
Eligible families that already opted out of monthly payments will receive the total amount as a lump sum next year.
Parents will receive $300 for each child aged five or under, and $250 for children between six and 17 years old.
The maximum credit is available to taxpayers with a modified adjusted gross income (AGI) of $75,000 or less for singles, $112,500 or less for heads of household, and $150,000 or less for married couples filing a joint return and qualified widows and widowers.