Fort Worth Star-Telegram: Texas Parents Get Big Tax Breaks from COVID Relief Bill
media mentionNearly 6.8 million Texans with children could receive monthly checks starting in July, under the new economic relief plan President Joe Biden signed into law Thursday.
Nearly one of three adult Texans would qualify for the aid, which would help 7.8 million Texas children, according to an analysis from the Institute on Taxation and Economic Policy, a Washington research firm.
The measure allows child tax credit money to be sent to families on a monthly basis. Families now claim the credit on their tax returns, and could continue to do so.