4th stimulus check update – ‘Surprise’ $8,000 cash boosts to be sent out as $1,000 payments on way THIS WEEK

SURPRISE stimulus checks worth up to $8,000 are being sent out under the child and dependent tax credit and as part of the American Rescue Plan.

Parents who have an adjusted gross income of less than $125,000 and who also have at least two children under the age of 13, could be in line to receive a check.

The money is designed to give a helping hand to families to provide care and support for their kids by offsetting other costs.

This year, parents are eligible to claim tax credits of expenses of up to $8,000 for one child and $16,000 for multiple kids.

It comes as students across America are set to receive stimulus checks worth up to $3,000.

Almost $40billion worth of pandemic relief was distributed to students and institutions under the Higher Education Emergency Relief Fund as part of President Joe Biden’s American Rescue Plan.

Read our stimulus check live blog below for the latest news and updates…