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Author Topic: Enhanced Child Tax Credit  (Read 8733 times)

Offline Lurker

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Re: Enhanced Child Tax Credit
« Reply #120 on: July 15, 2021, 01:22:36 PM »
Still not sure why news sites would tout a total phaseout for earners above $170k though.

One thing I've learned over the last 15 months of stimulus and other programs is that the media rarely gets the numbers right. For that, you need to come to DDF.
Failing at maintaining Lurker status.

Offline M218

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Re: Enhanced Child Tax Credit
« Reply #121 on: July 15, 2021, 02:46:19 PM »
Anyone know what this is?



Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #122 on: July 15, 2021, 02:50:44 PM »
Anyone know what this is?


Do you have 2 children under 6?

Offline M218

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Re: Enhanced Child Tax Credit
« Reply #123 on: July 15, 2021, 02:53:56 PM »
Do you have 2 children under 6?
3 BEH

Offline yosefsv

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Re: Enhanced Child Tax Credit
« Reply #124 on: July 15, 2021, 02:55:01 PM »
3 BEH
All 3 were on your processed 2020 return?
If it benefits even just one fellow DDFer, its worth posting it.

Offline M218

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Re: Enhanced Child Tax Credit
« Reply #125 on: July 15, 2021, 02:55:28 PM »
All 3 were on your processed 2020 return?
yes

Offline M218

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Re: Enhanced Child Tax Credit
« Reply #126 on: July 15, 2021, 02:59:27 PM »
I'm receiving countless reports of people who are either:
A) missing payments for a few of their children
I guess I`m in the boat, I filed and recieved 2020. :'(

Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #127 on: July 15, 2021, 03:15:29 PM »
3 BEH
Is the oldest turning 6 before year end?

In either case there's been so many reports of missing payments, I'm not surprised...

Offline ae123

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Re: Enhanced Child Tax Credit
« Reply #128 on: July 15, 2021, 03:27:02 PM »
Whenever we log in to the child tax credit portal, we get this message:

Advance Child Tax Credit Payments Is Unavailable at This Time
We're unable to retrieve your information due to a service error. Check back later.

Any idea why this is happening?
Thanks.

Offline dealsrus

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Re: Enhanced Child Tax Credit
« Reply #129 on: July 15, 2021, 03:44:57 PM »
My 2020 tax refund still delayed (processing), and did not receive any thing today for child credit. Is this connected?

Offline Essen est zich

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Re: Enhanced Child Tax Credit
« Reply #130 on: July 15, 2021, 03:48:39 PM »
Got today BoA

Offline 1avigrun

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Re: Enhanced Child Tax Credit
« Reply #131 on: July 15, 2021, 03:51:07 PM »
My 2020 tax refund still delayed (processing), and did not receive any thing today for child credit. Is this connected?
i got child but not refund

Offline dealsrus

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Re: Enhanced Child Tax Credit
« Reply #132 on: July 15, 2021, 05:10:43 PM »
Any reason why I would not have received yet?

Offline ExGingi

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Re: Enhanced Child Tax Credit
« Reply #133 on: July 15, 2021, 05:57:10 PM »
So the article is incorrect.

3. Eligibility for the federal stimulus payments was based on adjusted gross income. What is eligibility based on?


The benefit is based on 2020 gross income, which is your income before taxes and deductions.

AGI is (adjusted) Gross Income before taxes and (most) deductions.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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Re: Enhanced Child Tax Credit
« Reply #134 on: July 15, 2021, 05:59:45 PM »
Got today BoA

Got today TD Bank (even though I updated my banking information to a different bank on the IRS website about 2 weeks ago).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

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Re: Enhanced Child Tax Credit
« Reply #135 on: July 15, 2021, 06:01:48 PM »
i got child but not refund

Who should be refunding you for the child that you got?  ;D
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline 1avigrun

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Re: Enhanced Child Tax Credit
« Reply #136 on: July 15, 2021, 06:03:20 PM »
Who should be refunding you for the child that you got?  ;D

Offline Kobe Bryant

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Re: Enhanced Child Tax Credit
« Reply #137 on: July 15, 2021, 06:19:15 PM »
AGI is (adjusted) Gross Income before taxes and (most) deductions.
(most)

Offline Essen est zich

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Re: Enhanced Child Tax Credit
« Reply #138 on: July 15, 2021, 06:56:35 PM »
Don't forget to separate maiser from the $ received.

Offline yosefsv

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Re: Enhanced Child Tax Credit
« Reply #139 on: July 15, 2021, 07:25:58 PM »
Got today TD Bank (even though I updated my banking information to a different bank on the IRS website about 2 weeks ago).
The IRS said that updates to bank account information is for the August payments and further.
If it benefits even just one fellow DDFer, its worth posting it.