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Have kids? Utah parents will start getting federal payments in July.

With Biden increasing the amount of money given through the Child Tax Credit, parents can receive up to $300 per child monthly.

(Evan Vucci | AP file photo) Under President Joe Biden's American Rescue Act, the amount of money that parents get back as tax credits was raised from $2,000 per child to $3,600 for kids under 6, and $3,000 for kids ages 6 to 17. Parents will start receiving advance payments on those credits this summer.