Yes, if you meet the qualifying rules of the CTC. Am I eligible for the CTC if I get Social Security or SSI? These ages are determined as of December 31, 2021. You can get up to $3,600 per qualifying child under age 6, and up to $3,000 for each qualifying child age 6 – 17. You can claim the CTC for any qualifying child even if you don’t usually file a federal tax return. The CTC is a tax benefit, expanded in March 2021, that helps families who are raising children. The Child Tax Credit What is the Child Tax Credit (CTC)? These tax credits are available even if you receive Supplemental Security Income (SSI) and don’t normally file a tax return. You may be entitled to special tax credits that can mean extra cash to help you with expenses. It’s important to read this blog even if your earnings or benefits don’t require you to file a federal tax return. But at least there is no longer a hard barrier to my selecting TurboTax.It’s tax season once again. As a rule of thumb I tend to stick with a software package that I am satisfied with, and at the moment I'm satisfied with TaxCut. I'll have to see next year whether there is a compelling reason to switch back to TurboTax. TaxCut was slightly cheaper, and it seemed to work just fine. As it turned out, I was rather pleased with TaxCut, and I was able to import my TurboTax files from the previous year into TaxCut without any problem. Previously I had used TurboTax for many years, and would have habitually continued to use TurboTax except for the product activation controversy. It was because of product activation that I purchased "TaxCut" this year instead of "TurboTax". I'm very happy to hear that you've discontinued product activation. While we remain committed to protecting our intellectual property, going forward, we will only introduce digital rights management technologies that maximize customer experience and preserve customer satisfaction. We clearly need to better understand all of our customers' tax preparation needs and how they use TurboTax. We are absolutely committed to listening and learning from our customers. With this latest bait-and-switch, I see no reason to ever again consider using TurboTax.ĭear Valued Customer: In response to your comments on the implementation of product activation technology in tax year 2002 TurboTax(R) software, I wanted to let you know that Intuit will discontinue product activation in next year's TurboTax desktop products purchased at retail or direct from Intuit. But despite their protestations back then that they were "committed to listening and learning from our customers" and desired to "maximize customer experience and preserve customer satisfaction", they have apparently regressed to their old bad habits. Back then I had a series of email exchanges with Intuit, culminating in the general announcement of their capitulation (below) and my own acknowledgement of their contrite actions. This reminded of the last TurboTax controversy in 2003 which caused me to switch to H&R Block's TaxCut (which I've been happily using ever since).
0 Comments
Leave a Reply. |