spark155 [doe/deer,any] to askchapo • edit-23 years ago*Permanently Deleted*trashexternal-linkmessage-square70 fedilinkarrow-up160file-text
arrow-up160external-link*Permanently Deleted*trashspark155 [doe/deer,any] to askchapo • edit-23 years agomessage-square70 Commentsfedilinkfile-text
minus-squareTheModerateTankie [any]hexbear11·3 years agoAs far as I can tell, the child tax credit payments were just an advance on what you would normally get back after filing taxes if you had kids. Half paid out monthly, half paid when you file taxes. I don't think anyone gets extra money. link
minus-squareCanYouFeelItMrKrabs [any, he/him]hexbear7·3 years agoEarlier you needed to have enough income to be taxed to benefit from a tax credit. Now you just get cash, so it reaches a lot of more people. link
As far as I can tell, the child tax credit payments were just an advance on what you would normally get back after filing taxes if you had kids. Half paid out monthly, half paid when you file taxes. I don't think anyone gets extra money.
Earlier you needed to have enough income to be taxed to benefit from a tax credit. Now you just get cash, so it reaches a lot of more people.
lol