Connect with us

Us News

IRS Explains Reasons Of Some Child Tax Credit Payments Coming Late Or Less Than Expected

Published

on

Some Americans not receiving their child tax credit installment for September were blamed on a “technical issue” by the Internal Revenue Service.

Last week, 35 million child tax credits totaling $15 billion were given, however, around 2% of qualified beneficiaries did not get their payment.

According to the IRS, the unnamed technical issue that caused the delay has finally been rectified, and the installment is on its way. Those who did not get their payment should be getting them soon via direct deposit or in the following days if they received their cheques via mail.

Those taxpayers who had of late updated their bank account or address on the IRS child tax credit update portal as well as those married couples who are joint taxpayers where a bank or address change was made by one spouse were the majority of those who did not receive the payment for September, the IRS said.

“We know people depend on receiving these payments on time and we apologize for the delay,” the IRS said.

Under the new expanded child tax credit, payment of up to $300 is to be made for every child aged 5 years or less and a maximum of $300 for children aged between 6 and 17 years. The federal government started making the payments to the eligible parents in July this year and is set to continue till December. The remaining amount of $1,500 or $1,800 can be included for a claim when filing 2021 taxes.

 

Checks forte payments are usually sent out on the 15th of every month.

Credit – forbes.com

According to the IRS, there are many reasons why the eligible receivers of the payments might receive a different amount than expected. One of the reasons is if one spouse changes their address or bank account while the other did not, resulting in the other spouse’s share going to an old address or bank account.

According to the tax department, the entire payment will still be delivered in these cases. Recently completed tax returns is also another reason for the variation in the monthly payment amounts, the IRS said.

In September however, higher than expected payments will be received by some families. Many of the families did not get their payments for July or August and they are slated to receive their first monthly installment this month which will include their entire advance payment for the year. The payment will however be distributed over a period of four months  instead of six months. that will make each of the four payments to be received bigger than expected.

Each payout for these families is up to $450 per month for each kid under the age of six, and up to $375 per month for each child aged six to seventeen.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

San Francisco

San Francisco Man Who Went Missing While Kayaking Found Dead

Published

on

The body of a man, who was on a kayaking trip and had been missing, has been found by authorities on the shore of the Clear lake Thursday after four days of intensive search, authorities said.

The Lake County Sherrif’s Office said that Dylan Flanagan, 28, was last seen alive on Oct. 10 afternoon in his kayak, rowing on Clear lake, reported San Francisco Chronicle.

Later that day, his girlfriend got in touch with the authorities reporting that he was not responding to her calls, which lead to a four-day long search.

A San Francisco resident, Flanagan, was staying near Clearlake Oaks in a rental home celebrating his birthday and job promotion when he went kayaking alone Sunday afternoon.

According to Lake County News, conditions were windy and there were high waves.

Though the Sherrif’s office couldn’t confirm where the deceased man was from, according to profiles on social media, he was from San Francisco.

The authorities said Flanagan’s girlfriend was able to contact him on his phone shortly after 5 p.m. on Oct. 10 when he told her that he was fine. But subsequently, when she tried to call him repeatedly later that night there was no answer. She then reported him missing and no one else had heard from him too.

Kayaking

A representational image of a green kayak. Image Credit: Pixabay.com

Search Team Found Flanagan Kayak

On Monday, a search team found the green-colored kayak which is believed to be that of Flanagan near Widgeon Bay, where he is believed to have gone missing.

A California fire crew found his body Thursday around 10.40 am on the lake’s shoreline near Olson Road, Clearlake Oaks. According to the Sherrif’s Office, an autopsy will be conducted in the coming week.

Five deaths have been reported on Clear Lake this year, with all but one occurring off the Clearlake shores, officials said.

Continue Reading

San Francisco

San Francisco: Thieves Break Into Cars Along Embarcadero, Shoot At Witness

Published

on

San Francisco has been hit by an ongoing series of car break-ins. This time the latest incident happened along the Embarcadero.

A witness, who wished to remain anonymous, said he saw two persons breaking into cars around Pier 19 as he shouted at them to stop. Before driving off they dumped the luggage from the car and on reaching Pier 19½ they broke into another car, Kron4 reported.

The witness said he again shouted at them and started clicking photos. One seeing the witness taking photos, one of the thieves took out a gun and opened fire.

“I heard gunshots as he aimed the gun at me, I instinctively jumped behind a car standing next to me. They then got into the stolen vehicle and sped away,” the man told the outlet.

The witness, who luckily didn’t suffer any injury, said he was angry that such a thing was happening in the city in broad daylight and no one was trying to stop the thieves.

‘Feel Unsafe Here’

Hours later, the owners of the car turned up to find their cars gone.

One of the car owners speak to Kron4.

One of the victims said, “Something like this has happened to me twice in the city. The first time I was here I was mugged and now this. I have lived and worked in Detroit for 10 years and never has something like this happened. It is a pity that you come to this beautiful city and feel unsafe.”

Some of the dumped luggage was found and the finder contacted the owner, who immediately headed out to collect whatever was left of it.

One of the cars which were broken into had its rear windscreen smashed.

When the police were contacted, the guy whose car was broken into was told to fill an online police report. Meanwhile, the witness who was shot at was also told to fill an online report. Not satisfied with this, he called 911 again and this time they agreed to send an officer to meet him.

Continue Reading

San Francisco

Organized Shoplifting Forces Closure Of 5 Walgreens In San Francisco

Published

on

Undeterred by a security guard and a TV reporter recording his act, a thief raided a Walgreens store in San Francisco on a bicycle, with a garbage bag in his hand full of stolen goods.

The brazen shoplifting video, shot in June, was watched by millions. Critics say this underlines how epidemic thefts at retail stores have become in the city.

It was the fifth time the thief had targeted the same Walgreens store located on Gough Street in the Hayes Valley neighborhood, police said.

On June 19, the San Francisco Police Department said it had arrested the man, identified as Jean Lugo-Romero, 40. Investigators said he was responsible for a number of thefts in the Northern and Mission districts.

A video grab of Jean Lugo-Romero stealing goods inside the Walgreens store.

Lugo-Romero faces burglary and robbery charges for the five times he stole from that particular Walgreens store, including on four consecutive days in late May, early June.

Four months later, Walgreens said it has decided to close the stores plus four others in the city in November due to the continuing issue of organized shoplifting in San Francisco.

‘Organized Retail Theft Challenging’

In an email to The New York Times, Phil Caruso, spokesman for Walgreens said, “Organized shoplifting has been a continuing challenge facing retailers in San Francisco. Retail theft across our stores in San Francisco are fives the average across our chain.”

Walgreens said professional thieves steal from their stores and then resell the goods through the online marketplace. According to police, most of the retail crime in the city is the handiwork of organized gangs.

In a board meeting in May, Walgreens’ representatives said the company had to close 17 stores because thefts had made doing business untenable at these stores.

With the fresh closure, Walgreens stores in the city which have shut have gone up to 22. The company has more than 50 stores in the city.

Employees working in these stores will be shifted to other locations and customers will have their prescriptions transferred to nearby stores.

Continue Reading

Trending