Check Your Mailbox – The Next Child Tax Credit Payment Might Be A Paper Check

Another round of Child Tax Credit payments is going out this month – but you’ll want to check the mailbox.

Due to a technical error, the Treasury Department says about 15% of the families that received a payment via direct deposit in July will receive a paper check this month.

The error is expected to be resolved by September.

A total of $15 billion will be paid out in August, to the families of more than 61 million children.

 

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