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re: Anyone here going to rake it in with monthly child tax credit checks?

Posted on 7/9/21 at 8:44 pm to
Posted by Erebus
Member since Jan 2019
574 posts
Posted on 7/9/21 at 8:44 pm to
It’s similar but now it’s $3600 for kids under 6 and $3000 for kids 6-17. In previous years it was $2000 per kid.

So my tax refund is usually 6k. This year it’ll be $10,300. Close to $900 a month from now until end of year, so like $4500 and then the remaining $5800 on the refund.

Not quite raking it in, but there’s no point in me rejecting it because it would just all come on the refund.

Yes, a lot of this $ is going to benefit the trash but probably close to an equal amount is going to benefit regular working families.

It’s weird that all of you rich people hang out on the internet together and generalize us poor folks
Posted by 4cubbies
Member since Sep 2008
51378 posts
Posted on 7/9/21 at 8:47 pm to
quote:

It’s weird that all of you rich people hang out on the internet together and generalize us poor folks




Fellow poor checking in. I’m looking forward to my “extra” $600/month this month.
Posted by BigJman
Member since May 2021
494 posts
Posted on 7/9/21 at 9:01 pm to
quote:

It’s similar but now it’s $3600 for kids under 6 and $3000 for kids 6-17. In previous years it was $2000 per kid.


This was the part I was missing
Posted by dallastigers
Member since Dec 2003
6282 posts
Posted on 7/13/21 at 11:12 am to
quote:

It’s similar but now it’s $3600 for kids under 6 and $3000 for kids 6-17. In previous years it was $2000 per kid.


I thought previous years (or maybe year if Wuhan bills changed anything) the $2000 was only up until 16 and then something less like maybe $500 for 17 year olds. I can’t remember, but just wondering if age got increased a year as well.
This post was edited on 7/13/21 at 11:19 am
Posted by CatfishJohn
Member since Jun 2020
14882 posts
Posted on 7/13/21 at 12:58 pm to
I'm getting it and throwing it all on student loan principle. Better than letting the government hold on to it.
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