Poll of the Day > PotD parents, are you receiving advanced child tax credit money?

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Firewood18
10/21/21 7:45:53 PM
#1:


I took the first couple of checks but then went on the IRS site and canceled it. My wife just got a check for half the amount in her name. I guess she has to cancel it too even though we file jointly.

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DirtBasedSoap
10/21/21 7:47:12 PM
#2:


i would have but he died in a beer fire

RIP: Ronaldo Fink Mullen

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Clench281
10/21/21 7:51:26 PM
#3:


Why as a gay man am I forced to subsidize the lifestyle choice of others

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ReggieTheReckless
10/21/21 8:00:57 PM
#4:


I have no babbys
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Lokarin
10/21/21 9:29:41 PM
#5:


Clench281 posted...
Why as a gay man am I forced to subsidize the lifestyle choice of others

Because you need a next generation of children to change your adult diapers

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Muscles
10/21/21 9:38:01 PM
#6:


Clench281 posted...
Why as a gay man am I forced to subsidize the lifestyle choice of others
Could gay people that adopt a kid qualify?

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Muscles
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helIy
10/21/21 11:42:36 PM
#7:


we don't really need the money, so we stopped the payments

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hockey7318
10/22/21 8:02:58 AM
#8:


Yeah we just got a check on Monday.
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chelsea_wtf
10/22/21 11:22:22 AM
#9:


My son loves the child tax credit
. He says it has lots of action

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11110111011
10/22/21 2:30:49 PM
#10:


Cancelled it. Biggest pain in the ass I ever had to do. It should really be illegal, IMO.

You had to use a cell phone with internet to cancel it (my cell has no internet - why do I need it?). I couldn't call someone. I couldn't schedule an appointment. I couldn't say no unless I had a cell phone with internet. Total bullshit.
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Lil_Bit83
10/22/21 2:34:11 PM
#11:


no

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JixHedgehog
10/22/21 3:09:24 PM
#12:


Why are people cancelling the payments?

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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.

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11110111011
10/23/21 6:45:00 AM
#14:


Firewood18 posted...
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.

Pretty much this. it is also based on your last-year's tax return, so they are basically estimating what you should get. If it turns out you didn't qualify for that much, you could also end up 'paying back' part of it at tax time.
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JixHedgehog
10/26/21 10:56:09 PM
#15:


Well, we'll have to wait and see then

We usually get a nice amount back at tax time, even if you deduct the child credit

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Mead
10/26/21 10:58:15 PM
#16:


Clench281 posted...
Why as a gay man am I forced to subsidize the lifestyle choice of others

hungry children are depressing

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