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Jul 15, 2021
11:57
:20
am
RdF3
Inactive user
You have 4 kids & received an advanced payment on your $2k child tax credit.
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RdF3
Previous username
swishh_15
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RdF3
Joined
Nov 4, 2011
Last login
May 17, 2024
Total posts
40,056 (2,665 FO)
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Messages
Author
Time
I just received a roughly $1,000 deposit for the Child tax credit. My income
Dangerous
7/15/21 11:55am
You actually made $101,000 but you inflated the number bc it’s cb.
cougsareforreal
7/15/21 11:56am
The phase out starts at $150k? So you still got partial amounts
Kajdin
7/15/21 11:56am
AGI?
Turnpike Lane
7/15/21 11:56am
Holy crap. $200k? What do you do?
TNT
7/15/21 11:56am
Cb mod training program
DodgerMike
7/15/21 11:58am
explanation: the government is being run by morons
rotorhead
7/15/21 11:57am
You have 4 kids & received an advanced payment on your $2k child tax credit.
RdF3
7/15/21 11:57am
I thought the advance payment was only for the "additional" part of the child
Dangerous
7/15/21 11:59am
Nope, you'll still get monthly payments (50%) unless oyu opt out.
rggee
7/15/21 12:00pm
OK - thanks for the info. Looks like I'll need to adjust my withholdings as
Dangerous
7/15/21 12:01pm
You can still opt out for the remaining payments, if you'd like.
rggee
7/15/21 1:27pm
Same here. But then I’ve heard of this happening & the advance happening on the base credit too.
RdF3
7/15/21 12:00pm
You'll get the normal child tax credit of $2000 per kid. Half of that will be
rggee
7/15/21 11:58am
the more kids you have the higher income you need to phase it all out
Cougforgood
7/15/21 11:59am
Phaseout for MFJ starts at 150k, but doesn’t completely phase out until
BigD Coug
7/15/21 11:59am
I’d like to opt out…but the IRS website sucks
byuguns55
7/15/21 12:18pm
Perfect humble brag opportunity. Well done 👏🏻
LaVellIfIKnow
7/15/21 12:20pm
It was actually a legitimate question....
Dangerous
7/15/21 12:22pm
Nobody is jealous of his 4 kids bro. We all got our own
Jericho
7/15/21 12:32pm
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