How to do Taxes - Tax Filing Guide for Beginners ruclips.net/video/FStJxsODHzs/видео.html Getting Ready for Taxes: What documents you need ruclips.net/video/PmRV5pGI2bU/видео.html 👉SUBSCRIBE: ruclips.net/user/moneyinstructor
Does the government really think $100 extra per kid is helping anyone? I heard it might go up to $3600 per child. That would actually make a difference.
@@Keepitoriginalministry Sorry for the confusion. I didn't mean it was true, but it was rumored by many RUclips cpa's saying don't do your taxes yet because it might go up to $3600.
@@mikegarcia5943 doesn't matter if you do it before the 29th bc the IRS isn't accepting until the 29th this year. I already filed my taxes last week. If the CTC goes up, it'll be added to my tax return.
If the Child Tax Credit increases after you've filed your taxes, you might need to file an amended return using Form 1040-X to claim the additional benefit. However, in some cases, the IRS may adjust your return automatically to reflect the updated credit, depending on their policies and the specifics of the law change. It's important to stay informed about such changes and consult a tax professional if needed.
@@queenkasper4254 right. its $100 more for the entire year. $100 more than we previously had. Less than a happy meal per month. This amount of money is almost inconsequential to most people. This is the equivalent of getting a 5 cent per hour raise at 40 hrs/wk.
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life
Wow. I'm a bit perplexed seeing him been mentioned here also Didn't know he has been good to so many people too this is wonderful, i'm in my fifth trade with him and it has been super
I don't want to put a figure to how much i've made doing that but let's just say it's more than enough to make trading worthwhile. And when i say worthwhile, i mean it.
I really want to get my life together. Really me and my family has been into series of hardship, we've faced a lot of trials and tribulations and my income is not just enough
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
This aligns perfectly with my interest in diversifying my financial portfolio. Could you share the contact information of your financial manager/advisor for further guidance?
My wife made 10k and I’m on VA benefits and SSDI benefits…after putting in all our info …her EITC was over 4k but the CTC was only a total of 1100 bucks? That’s w 4 kids that are 14 and under…doesn’t sound right
Use another tax filing system Go talk ti an accountant My sister was getting screwed with her 2 youngest children. Some of these companies are not giving ALL the credits you deserve.....but I bet they are filing for them.....Cha Ching!
I had way more write offs before I got married and had a kid. My healthcare was $60 a month now it’s $380 for just me. If you think you got it bad now try getting married and having a kid. They don’t give you a break it gets worse stuff like this tax credit are a F-ing joke.
So supposedly if your child turned 17 during 2023 you CANNOT get the child tax credit in which my 17 year old is still a full time high school student that I provided for the entire year. IRS make it make sense!
The data has not come out yet from the government on the changes that are taking place. Jan 31 it will be determined on the new tax implications regarding child tax credits
CTC is for working families. But they're trying to get it where benefit recipients of disability checks and other social security checks will be able to claim earned CTC.
How to do Taxes - Tax Filing Guide for Beginners ruclips.net/video/FStJxsODHzs/видео.html
Getting Ready for Taxes: What documents you need ruclips.net/video/PmRV5pGI2bU/видео.html
👉SUBSCRIBE: ruclips.net/user/moneyinstructor
0:43
Does the government really think $100 extra per kid is helping anyone? I heard it might go up to $3600 per child. That would actually make a difference.
Resource?
@@Keepitoriginalministry Sorry for the confusion. I didn't mean it was true, but it was rumored by many RUclips cpa's saying don't do your taxes yet because it might go up to $3600.
@@mikegarcia5943 doesn't matter if you do it before the 29th bc the IRS isn't accepting until the 29th this year. I already filed my taxes last week. If the CTC goes up, it'll be added to my tax return.
If the Child Tax Credit increases after you've filed your taxes, you might need to file an amended return using Form 1040-X to claim the additional benefit. However, in some cases, the IRS may adjust your return automatically to reflect the updated credit, depending on their policies and the specifics of the law change. It's important to stay informed about such changes and consult a tax professional if needed.
@@KayXoXo4it will likely be added to next years taxes that’s what the turbo tax lady told me so she’s gonna wait also
$100 increase for entire year is a joke. What the fuck imma do with $8 a month? Buy one happy meal?
U couldn't even afford that..a happy meal is more than 8.oo where I live
100 dollar increase means per kid over top of what they give not 100 dollars per kid
@@queenkasper4254 right. its $100 more for the entire year. $100 more than we previously had. Less than a happy meal per month. This amount of money is almost inconsequential to most people. This is the equivalent of getting a 5 cent per hour raise at 40 hrs/wk.
You bet 😅. Just gotta make it go far enough where you don’t actually have to starve 😂
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life
Wow. I'm a bit perplexed seeing him been mentioned here also Didn't know he has been good to so many people too this is wonderful, i'm in my fifth trade with him and it has been super
I don't want to put a figure to how much i've made doing that but let's just say it's more than enough to make trading worthwhile. And when i say worthwhile, i mean it.
I really want to get my life together. Really me and my family has been into series of hardship, we've faced a lot of trials and tribulations and my income is not just enough
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
This aligns perfectly with my interest in diversifying my financial portfolio. Could you share the contact information of your financial manager/advisor for further guidance?
My wife made 10k and I’m on VA benefits and SSDI benefits…after putting in all our info …her EITC was over 4k but the CTC was only a total of 1100 bucks? That’s w 4 kids that are 14 and under…doesn’t sound right
You only get paid for 3 kids
Use another tax filing system
Go talk ti an accountant
My sister was getting screwed with her 2 youngest children. Some of these companies are not giving ALL the credits you deserve.....but I bet they are filing for them.....Cha Ching!
You only get ctc for 3 but u can get odc for the other kids@@krucial88
Sorry we don’t have money for our citizens but we have some billions to send to Ukraine and Israel.
Exactly
Do you have a video that explains how to fill out that form to claim that credit? For residents of U.S. territories such as Puerto Rico.
Thank you,
Not yet but thanks for the comment.
Would be nice if there was a tax credit for responsible adults that don't have children or can't.
Makes sense to recognize the roles of individuals without children.
I had way more write offs before I got married and had a kid. My healthcare was $60 a month now it’s $380 for just me. If you think you got it bad now try getting married and having a kid. They don’t give you a break it gets worse stuff like this tax credit are a F-ing joke.
It's called ODSP. They don't support man babies over the age of 18.
So supposedly if your child turned 17 during 2023 you CANNOT get the child tax credit in which my 17 year old is still a full time high school student that I provided for the entire year. IRS make it make sense!
The data has not come out yet from the government on the changes that are taking place. Jan 31 it will be determined on the new tax implications regarding child tax credits
Should people wait to file until after Jan 31st to receive this?
Question what if the other parent claims them who has the bigger income? That's what I've heard.
What if you get death benefits are you able to file?
My daughter gets them and I work and I claim her and get the CTC each yr
What if u ssdi can file get tax credits children
That's a good question. I would like to know that too.
CTC is for working families. But they're trying to get it where benefit recipients of disability checks and other social security checks will be able to claim earned CTC.
I guarantee the ppl who only make $2500 a year aren’t doing taxes so where is the money really going
Remember "Earned Income" is different than say SSI and many other income sources.
$100? might as well not wait for it.
Can u claim foster kids i have my two neices who i foster as well????
Yes as long as nobody else claims them and you get funds from the government for them that's proof your the guardian
can you file for this if you didnt work last year ?
You have to file taxes to get it.
How can you file for tax if you didn't work?
i actually called the irs and they say u can file the child credit even if u didnt wrk ! So go ask them wat u asked me !
i actually called the irs and they say u can file the child credit even if u didnt wrk ! So go ask them wat u asked me !
i actually called the irs and they say u can file the child credit even if u didnt wrk ! So go ask them wat u asked me !
This is disgusting! More free money for impoverished which are already receiving government benefits!
Well said I agree
LOW INCOME IS DUE HIGH CORRUPTION BYE THE RICH AND POWERFUL CORPORATIONS. WHAT A HYPOCRISY!
Uhm wow!!!