Some americans are still owed a $500 payment for each child in the family under 17, and the u.s.
View Second Stimulus Check Child Tax Credit
Images. Here's what you need to know. The first stimulus check was less generous when it came to providing support for families with children.
How A Second Stimulus Check Could Differ From Your First One Kiplinger from mediacloud.kiplinger.com
It provided as much as $600 to individuals and $1,200 to couples plus $300 per child, according to the tax foundation. Children over 16 and college students under age 24. Here's what you need to know.
If the senate and house do come together to approve a second stimulus check, would you get a nobody qualifies:
If you have a qualifying child based on the same criteria as the child tax credit (16 and under on 12/31/2020) you'll get an additional $500 for each child. The child tax credit has doubled in recent years and increased its income limits. The child tax credit is intended to help offset the tremendous costs of raising a child or children. Democrats had proposed that the payment be increased to $1000 but limited to 3 dependents, however it looks like the $500 amount.
