Do I qualify for the extra $300 for each child from the stimulus package?

OK so I have read all the info and it says To qualify, a child must be eligible under the Child Tax Credit and have a valid Social Security Number. So does that mean that if I didn%26#039;t receive the child tax credit then i won%26#039;t get the extra $300 for each kid or does it mean that the child has to meet the same eligibility as they would for the child tax credit. My kids meet the eligibility guidelines but we never get the credit we always get the additional child tax credit.

Do I qualify for the extra $300 for each child from the stimulus package?

The following provides exceptions on dependents. If that remains as the only exemptions then you should qualify.

Will I get more for my child?

In many cases, there is a rebate bonus for children. But not for all kids.

For rebate purposes, a qualifying child is one who is younger than 17. That means that taxpayers who claim an older college student as a dependent won%26#039;t get the extra money.

Neither will college kids themselves be happy. The rebate bill specifically makes dependents, or even those who could be claimed as a dependent, ineligible for the rebate. So students who can be claimed by parents won%26#039;t get rebates even if they held jobs outside class that otherwise would have qualified them for the money.

%26quot;The kid may have $3,000 in income, but his parents are paying much more for his college expenses so he%26#039;s a dependent,%26quot; says Bob D. Scharin, RIA senior tax analyst form Thomson Tax %26amp; Accounting. %26quot;It does seem unfair that the child can%26#039;t claim the rebate.%26quot;

Do I qualify for the extra $300 for each child from the stimulus package?

As long as your dependents are qualifying children and were born in 1992 or later, you%26#039;ll get the $300.