Third child tax credit payment set to go out to families
CNN
Millions of families will soon receive their third child tax credit payments, which are set to be distributed on September 15.
Most parents will automatically receive the enhanced credits of up to $300 for each child up to age 6 and $250 for each one age 6 through 17. The Internal Revenue Service is scheduled to send three more monthly payments in 2021.
The infusions may serve as even more of a lifeline to struggling families now that the pandemic unemployment benefits and eviction moratorium have ended.
After recent burglaries at homes of professional athletes – including Kansas City Chiefs stars Patrick Mahomes and Travis Kelce – the NFL and NBA have issued security memos to teams and players warning that “organized and skilled groups” are increasingly targeting players’ residences for such crimes.