re: Biden to send child tax credits to 39 million families

quote:

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It's a phase out over $150k for married:
This is a calculator if you scroll down

For example a married couple with 1 child under 6 would receive this year:

$150k income or less - $300/mo (6 mo.) + $1.8 credit on tax return

$175k income - $195.83/mo (6 mo.) + $1,175 credit on tax return

$182k-$400k income - $166.67/mo (6 mo.) + $1,000 credit on tax return [So same as previous child tax credit of $2k with monthly option]

$425k income - $62.50/mo (6 mo.) + $375 credit on tax return

$440k+ income - $0

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Thanks. Wow. Like a couple making $440K a year GAF and waits online for $62.50 a month That is the tip at Ruth Chris'