LogFAQs > #956182869

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Topic	Parents: who got that child credit ooooooooh weeeee money today?
Kobe Bryant 07/17/21 4:00:26 PM #34:	whitelytning posted... I guess I could google it but... Does this monthly thing replace the child tax credit that previously existed? In other words, if you get the monthly payment, can you still take the tax credit at the end of the year? I have heard mixed things from people this week. Some said that if you get the monthly money you can't get the credit or that the credit will be deducted by the monthly amounts? These monthly credits (rest of this year and January next year) are just half the amount given as an advance you are entitled to. You get the other half of the remaining credit next tax return in one lump sum. --- Kobe > LeBron. It's only internet stat nerds who think Lebron is better. Watch the games and stop calculating Lebron's PER with your wristwatch calculator. <cite>Kobe Bryant posted [p:956182869] in Parents: w... [t:79565362]...</cite> <quote>whitelytning posted... </cite> <quote>I guess I could google it but... Does this monthly thing replace the child tax credit that previously existed? In other words, if you get the monthly payment, can you still take the tax credit at the end of the year? I have heard mixed things from people this week. Some said that if you get the monthly money you can't get the credit or that the credit will be deducted by the monthly amounts?</quote> These monthly credits (rest of this year and January next year) are just half the amount given as an advance you are entitled to. You get the other half of the remaining credit next tax return in one lump sum. --- Kobe > LeBron. It's only internet stat nerds who think Lebron is better. Watch the games and stop calculating Lebron's PER with your wristwatch calculator.</quote> ... Copied to Clipboard!
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