aterio’s Post

Today, 16 percent of children in the United States live in “blended” families, according to U.S. Census data. Blended families are households that have a stepparent, stepsibling, or half-sibling. In Pennsylvania, stepchildren do not receive the same treatment as full biological children or adopted children in the case of inheritance, except as regards Pennsylvania Inheritance Tax. Read more here: https://lnkd.in/e-tWmeZ2

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. #HICBC #ChildBenefits #ParentsAndTax

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. #HICBC #ChildBenefits #ParentsAndTax

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. #HICBC #ChildBenefits #ParentsAndTax

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. #HICBC #ChildBenefits #ParentsAndTax

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. #HICBC #ChildBenefits #ParentsAndTax

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. #HICBC #ChildBenefits #ParentsAndTax

Vote for your country. Vote for development. Vote for democracy. Vote for your freedom. Vote for your country's security. Vote for children's future. Vote for unity. Vote for job creation. Vote for your family. Vote for your education. Vote for infrastructure. Vote for women's safety and empowerment. Vote for mental health care. Do not vote for freebies. Do not vote for division. Do not vote for census that divide us even more. Do not vote for there family. Do not vote for parties that disrespect any religion. Do not vote for vague promises. Do not vote for corruptions. Do not vote for frauds. Do not vote for maladministration. Every vote counts! So vote carefully.

Today is the #ChildTaxCredit Digital Day of Action! The #CTC expansion in the bipartisan tax bill would provide meaningful support to SIXTEEN MILLION children across the US, lifting 500,000 above the poverty line. One in four kids under 6 would benefit during a crucial time of development. Our research shows that parents who receive CTC monthly payments use that money to afford necessities like food 🍎, medicine 💊, rent 🏠, utilities 💡, and more, and that decreased economic stress increases both child and caregiver health. It's clear: Expanding the Child Tax Credit will benefit millions of low-income, working families. Tell your Senator to urge Senator Schumer to call this bill to the floor and to vote YES on the Child Tax Credit expansion!

𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝗖𝗿𝗲𝗱𝗶𝘁: 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗞𝗻𝗼𝘄 ? You might qualify for the adoption credit if you’ve paid expenses to adopt a child or if you adopted a child with special needs and the adoption was finalized in the tax year. Key Points: 1. Attach Form 8839 to your tax return. 2. Report the credit on Schedule 3 (Form 1040). 3. You can get a maximum credit of $15,950 per eligible child. This benefit starts to decrease if your modified adjusted gross income exceeds $239,230 and is completely phased out if your income reaches $279,230 or more. What’s Not Included: 1. Expenses covered by state, local, or federal programs 2. Expenses that violate any laws 3. Costs from surrogate parenting arrangements 4. Adoption of your spouse's child. 5. Reimbursed expenses #AdoptionCredit #TaxTips #Form8839 #FinancialPlanning #TaxAdvice #Schedule3