LogFAQs > #959289693

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Topic	PotD parents, are you receiving advanced child tax credit money?
Firewood18 10/22/21 3:27:35 PM #13:	JixHedgehog posted... Why are people cancelling the payments? Because even though the tax credit has been increased overall, theyre paying out half of it over a six month period. So if your earnings have increased this year, you might need that cushion in case you owe more. Then again, you might not really need the money right away and would rather get it on next years tax return all together. --- Nobody is perfect. Well, one guy was but we killed him. <cite>Firewood18 posted [p:959289693] in PotD paren... [t:79722286]...</cite> <quote>JixHedgehog posted... </cite> <quote>Why are people cancelling the payments?</quote>Because even though the tax credit has been increased overall, theyre paying out half of it over a six month period. So if your earnings have increased this year, you might need that cushion in case you owe more. Then again, you might not really need the money right away and would rather get it on next years tax return all together. --- Nobody is perfect. Well, one guy was but we killed him.</quote> ... Copied to Clipboard!
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