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Fourth child tax credit payment goes out this week: What parents need to know

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IRS will start distributing the fourth round of payments from the expanded child tax credit.The IRS said it expects to deliver the monthly installment via direct deposit for most families beginning on Oct.

15, part of a program authorized as part of the stimulus bill that Democrats passed without any Republican votes in March.The majority of the payments, worth up to $300 per child, will be issued by direct deposit.The Internal Revenue Service headquarters building appeared to be mostly empty April 27, 2020, in the Federal Triangle section of Washington, DC.

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