@xmasbaby0
We do not owe anything to the IRS for taxes. There was nothing we had to pay in, just a refund. If you mean taxable income, together my husband and I make $63,000 annually and I withhold a fair amount of tax from my paycheck not to the point I can't survive. He's retired and I am working. I can't imagine owing taxes to the point it drains the whole $8400. Nothing explains why we only received ONE advanced ctc the IRS portal said eligible and then to go back to pending status the next month and the rest of the year.
We got one payment in Sept. Nothing in July or August because our amended tax from 2020 was still being processed. I amended because I thought I had to cause Turbo tax sent the email about amending since we already filed our 2020 taxes before the American Rescue act took affect. I'm starting to think the IRS is saying we were only eligible for one month of advanced ctc but not the rest of the year even though our amended 2020 taxes was complete otherwise we wouldn't have gotten a dime. Nothing changed, income was the same, bank direct deposit the same, none of us opted out, kids were still 9, 5 and 17 the remainder of the year. And I think the IRS assumed we got the rest of the money but we didn't and so credited the $8400 to what I don't know. All I know is that we didn't get the rest of our money and I can't find anywhere online of anyone on the same boat as us. The news said people would get the rest of the advanced ctc when they file their 2021 taxes. Well we didn't get ours so I think the IRS really screwed us.
