What was the cutoff for this one?

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Jun 19, 2021
9:21:10pm

MormonThug Truly Addicted User

What was the cutoff for this one?

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MormonThug

Previous username: Ft Worth Cougar
Bio page: MormonThug
Joined: Apr 20, 2011
Last login: May 29, 2024
Total posts: 26,049 (1,853 FO)

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Messages

Author

Time

So the new child tax credit is a done deal, huh?

Great38

6/19/21 9:09pm

Done deal for 2021 but not permanent, though Dems will try to make it permanent

Martin Van Nostrand

6/19/21 9:10pm

Or find a new job where you make more money and don’t get an advanced payment

WDaddy

6/19/21 9:10pm

What was the cutoff for this one?

MormonThug

6/19/21 9:21pm

150k if married filing jointly, I believe.

Great38

6/19/21 9:33pm

That’s when it starts phasing out.

oohYeah

6/19/21 9:38pm

What are the changes?

BlueBlood94

6/19/21 9:39pm

Child tax credit increases from $2k per kid to $3600 per kid under 6 years old, and $3k per kid 6 to 17 years old. Half

RootieBoy

6/19/21 9:48pm

What if I had my first kid this year? Will i get the whole amount on next years?

SWKTDweller

6/19/21 9:54pm

Yes. You will get a $3600 tax credit when you file your 2021 taxes next year.

RootieBoy

6/19/21 10:08pm

Portal to update for changes in 2021 is supposed open on IRS.gov early July.

Narfin'Coug

6/19/21 11:04pm

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