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TIP Additional Child Tax Credit American Samoa Americansamoa  Form

TIP Additional Child Tax Credit American Samoa Americansamoa Form

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now on your feet at five advanced child tax credit payments are set to go out to millions of americans starting next month but that may not be the best option for all families if you plan to opt out you only have until monday brandon simmons has the details on what you need to know beginning july 15 the government is sending more help to american families in the form of advanced child tax credit payments helping struggling parents make ends meet bills come every month so now you have money available monthly to go towards those bills for those who qualify we're talking 300 a month for each child age 5 and under and 250 a month for children ages 6 to 17. sounds great but tax managers say you need to understand how accepting those payments now will affect your tax situation down the line whatever you take in advance now it reduces your potential refund in the future that's what a lot of taxpayers have to be warned about that's right if you're used to gettin

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