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Do you know where I can find discounted high-speed internet services for my home? I am 70-years old and live strictly on...
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As the payment date nears for the Advance Child Tax Credit (ACTC) distributions, the IRS has published frequently asked questions (FAQs) on IRS.gov. The FAQs are designed to help parents understand who qualifies for the credit and how to obtain their payments. 1. How Much are Advance Child Tax Credit Payments? The advanced payments will be a total of six payments equal to 50% of the estimated Child Tax Credit for the taxpayer's 2021 tax return. This payment would normally be received when you file your return in 2022. However, up to 50% of your credit amount may be distributed through advance monthly payments. For a moderate-income family of five with children ages 4, 7 and 10, the total credit will be $9,600. The ACTC amounts will total $4,800 and the 2021 tax credit will be the remaining $4,800. 2. Do You Need to Take Action? Most individuals will not need to take any action and...
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A businessman with a $2.5 billion estate passed away in 1976. He was single and many individuals, mostly unrelated to...
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