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EXPLAINER: How to get up to $3,600 per child in tax credit
The Associated Press ^ | February 9, 2022 | By FATIMA HUSSEIN

Posted on 02/09/2022 8:05:39 AM PST by Oldeconomybuyer

WASHINGTON (AP) — Millions of Americans who have never filed a tax return will need to do so this year in order to claim what’s coming to them under the enhanced child tax credit.

Previously, only people who earned enough money to owe income taxes could qualify for the full credit.

But as part of the $1.9 trillion coronavirus relief package, President Joe Biden expanded the program, increasing the payments to up to $3,600 annually for each child aged 5 or under and $3,000 for those who are ages 6 to 17.

The monthly payments have amounted to $300 for each child 5 and younger and $250 for those between 5 and 17.

The government began to send the payments out — an overall $93 billion — on a monthly basis starting last July. Now, there are an additional six months’ worth of payments waiting to be claimed. And some families haven’t collected any of the benefits they’re due yet. In all, an estimated $193 billion is yet to be claimed.

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: debt; inflation; spending; taxes

1 posted on 02/09/2022 8:05:40 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

More free money to fuel more inflation.

Let’s Go Brandon!


2 posted on 02/09/2022 8:07:07 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: Oldeconomybuyer

“Claimed”

It’s like Publisher’s Clearinghouse. Sign up and snatch your share !!!


3 posted on 02/09/2022 8:12:00 AM PST by Not_Who_U_Think
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To: Oldeconomybuyer

What if the REAL taxpayers decided just not to file and not send in any more checks?

We need a tax revolt that kneecaps these bastards.


4 posted on 02/09/2022 8:16:33 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Not_Who_U_Think

There will be more identify theft as criminals use your and my SSN to claim this free stuff.


5 posted on 02/09/2022 8:17:11 AM PST by George from New England
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To: Oldeconomybuyer

“EXPLAINER: How to get up to $3,600 per child in tax credit”

Can I claim my chickens?


6 posted on 02/09/2022 8:23:17 AM PST by MercyFlush (DANGER: You are being conditioned to view your freedom as selfish)
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To: MercyFlush

How do you have children but have never filed a tax return?


7 posted on 02/09/2022 8:31:59 AM PST by bhl
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To: Not_Who_U_Think

off-topic, I’ve heard people say that they dont remember Ed McMahon doing anything for PCC. You go to these conspiracy theory videos and they claim to be true. Mandela effect supposedly...


8 posted on 02/09/2022 8:35:47 AM PST by max americana (FIRED LEFTARD employees at our office every election since 2008 and enjoyed seeing them cry.)
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To: bhl
How do you have children but have never filed a tax return?

Everybody knows why the "hood" is loaded with fast tax return offices starting Jan of every year, LOL. EARNED INCOME CREDIT

9 posted on 02/09/2022 8:39:37 AM PST by nascarnation (Let's Go Brandon!)
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To: MercyFlush

Can I claim my tortoise?


10 posted on 02/09/2022 8:41:43 AM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: Oldeconomybuyer

How about for the young at heart? Those who identify as young?


11 posted on 02/09/2022 8:44:24 AM PST by 9YearLurker
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To: Oldeconomybuyer

Its not a tax credit if you don’t pay taxes…..its welfare


12 posted on 02/09/2022 8:53:54 AM PST by wny ( )
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To: Oldeconomybuyer
The more you give, the more they take. This article is almost 10 years old. Nothing has been done to stop the theft. NOTHING.

IRS Sent $46,378,040 in Refunds to 23,994 ‘Unauthorized’ Aliens at 1 Atlanta Address

13 posted on 02/09/2022 9:02:53 AM PST by FLNittany
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To: nascarnation

How do you have children but have never filed a tax return?

There are a lot of fundamentalist families who keep their children off of government rolls in order to keep the CPS off their back.

They feel the money lost from the taxes is worth the freedom to raise their children how they want to.


14 posted on 02/09/2022 9:11:34 AM PST by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)
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To: Oldeconomybuyer

Insane. Make more babies, get a big raise from the Guv.


15 posted on 02/09/2022 9:21:34 AM PST by silent majority rising ( )
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To: Oldeconomybuyer
Families qualify for the full credit if their 2021 adjusted gross income was at or below $150,000 for married couples filing a joint return, or $75,000 for single-filer parents.

16 posted on 02/09/2022 4:06:41 PM PST by daniel1212 ( Turn to the Lord Jesus as a damned+destitute sinner, trust Him to save + be baptized + follow Him!)
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