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Started By
Message
re: Child tax credit was a little short, Biden.
Posted on 7/17/21 at 10:02 pm to Mingo Was His NameO
Posted on 7/17/21 at 10:02 pm to Mingo Was His NameO
Yea but in most of those cases, it will just end up being that you got more than half of the credit in the installment portion.
Like someone who made 145k in 2020 will get $1800 over the next six months for their 4 year old. If they ended up making 160k in 2021, they will only get $1300 in credits on their tax return instead of the other 1800.
Like someone who made 145k in 2020 will get $1800 over the next six months for their 4 year old. If they ended up making 160k in 2021, they will only get $1300 in credits on their tax return instead of the other 1800.
2
Posted on 7/17/21 at 10:02 pm to GRTiger
quote:
Yea but in most of those cases, it will just end up being that you got more than half of the credit in the installment portion.
Correct
Posted on 7/17/21 at 10:04 pm to BeepNode
quote:
lol wow. Please don't respond to any more posts on the topic.
I am almost positive this will not age well, unless you're just absolutely shite at explaining what you're saying. Looking forward to the spin either way.
Posted on 7/17/21 at 10:06 pm to GRTiger
quote:so if our AGI was under $400k last year but goes over for 2021 then we may have to pay this back?
If you got 2k per child last year, you will get at least that this year (unless your AGI crossed the 400k threshold.)
Crock of shite. I’m pretty sure this will be our exact scenario honestly
Posted on 7/17/21 at 10:06 pm to SuperSaint
quote:
Crock of shite
Exactly- I’m putting it in the side in case we have to pay it back
Posted on 7/17/21 at 10:07 pm to Bosethus68
quote:
I am allowed per court orders to claim my daughter every Odd year.
Posted on 7/17/21 at 10:07 pm to SuperSaint
quote:
honestly
no one believes you
Posted on 7/17/21 at 10:08 pm to SuperSaint
quote:
so if our AGI was under $400k last year but goes over for 2021 then we may have to pay this back?
Crock of shite. I’m pretty sure this will be our exact scenario honestly
Maybe, but it depends on how much above 400k your AGI is. I don't remember the phase out rate, but there is a window where you could break even or come out literally a few dollars ahead.
Posted on 7/17/21 at 10:09 pm to Jones
quote:neat
no one believes you
Posted on 7/17/21 at 10:13 pm to DieSmilen
From $1,000 to $2,000 to $3,600 within a decade. Freaking absurd.
Posted on 7/17/21 at 10:13 pm to PUB
quote:
From $1,000 to $2,000 to $3,600 within a decade. Freaking absurd.
You can thank trump for half of that.
Posted on 7/17/21 at 10:13 pm to SuperSaint
quote:
neat
Brandy or Whiskey?
Posted on 7/17/21 at 10:16 pm to Mingo Was His NameO
I can thank him for all of it since the increase to 2k was accompanied by a game changer increase in income limits.
Thanks, Trump!
Thanks, Trump!
Posted on 7/17/21 at 10:18 pm to SuperSaint
quote:
so if our AGI was under $400k last year but goes over for 2021 then we may have to pay this back?
Crock of shite. I’m pretty sure this will be our exact scenario honestly
Having seen both you and your wife's LinkedIn, don't see how that's possible
Posted on 7/17/21 at 10:19 pm to MusclesofBrussels
quote:
Having seen both you and your wife's LinkedIn, don't see how that's possible
I’m curious about my LinkedIn now.
Posted on 7/17/21 at 10:25 pm to MusclesofBrussels
bruh his wife makes like 385k
Posted on 7/17/21 at 10:26 pm to Jones
quote:
bruh his wife makes like 385k
What kind of person making money like that marries a convicted meth addict?
Posted on 7/17/21 at 10:38 pm to Mingo Was His NameO
no idea. this mussels guy is actually a legit faang that knows them. ss is like some call center help line dude like oweo
Posted on 7/17/21 at 10:40 pm to Mingo Was His NameO
I think it's pretty even with women between marrying a junky and marrying a munchkin.
Posted on 7/17/21 at 10:48 pm to GRTiger
quote:
I think it's pretty even with women between marrying a junky and marrying a munchkin.
At least one is controllable
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