Fourth stimulus check and Child Tax Credit live updates: is it coming in July? Tax refund, portal to opt out, eligibility…
–Child Tax Credit payments for 39 million eligible families to start being sent out on 15 July. (Full details)
-Biden reaffirms his commitment to make the expanded Child Tax Credit permanent. (Full details)
-Biden fires Trump Social Security Administration appointee Andrew Saul. (Full story)
-Change.org petition for recurring stimulus checks nears 3m target
-Two-thirds of California residents to receive a $600 stimulus check after the California Comeback Plan was passed by state legislature: who is eligible and what do you need to do to get one?
Useful information / links
-As of 1 July, millions are eligible for tax credits to reduce the cost of health insurance. Find out more.
–Child Tax Credit: We took a look at the question, is the web portal the best way to apply, what other options do I have? (details)
– You have until Monday 2 August to opt out of the August round of Child Tax Credit monthly payments (find out more)
– How to use the IRS’s two new online tools; the Child Tax Credit Update Portal and the Child Tax Credit Eligibility Assistant.
– Should you update your tax return information? Find out when to contact the IRS
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