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re: Anyone here going to rake it in with monthly child tax credit checks?
Posted on 7/9/21 at 8:39 pm to Don Lemonade
Posted on 7/9/21 at 8:39 pm to Don Lemonade
quote:
And it says nothing about it being an advance
Yikes. That’s exactly what it is. You get half of the credit this year and the other half next year. That’s why they waited until July to disseminate it. Exactly six months left of the year.
2
Posted on 7/9/21 at 8:41 pm to 4cubbies
quote:
Yikes. That’s exactly what it is. You get half of the credit this year and the other half next year. That’s why they waited until July to disseminate it. Exactly six months left of the year
I'd be willing to bet 80% of the tax paying population doesn't understand this and you have to make an effort to opt out. Going to be a lot of pissed off people next tax season when they realize they've already spent that money
This post was edited on 7/9/21 at 8:43 pm
Posted on 7/9/21 at 8:44 pm to 4cubbies
quote:
Yikes. That’s exactly what it is. You get half of the credit this year and the other half next year. That’s why they waited until July to disseminate it. Exactly six months left of the year.
Half and half is still more than the previous child tax credit
What is your yikes about?
This is a substantial raise on not only child tax credits but some weird new dependent credit system
Its higher. Way higher. Like I said.
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