6 ms·
Everyone with a child. Or half of them anyway, since it goes to one parent only (at least for parents that live together). It's not really transferred to the c
by 1313ed01 1y ago
Everyone with a child. Or half of them anyway, since it goes to one parent only (at least for parents that live together).
It's not really transferred to the child at age 16. What typically happens at that age is that the child has completed all mandatory years in school and move on to optional education and then they get paid for studying.
- bombcar 1y agoThe US has something similar, but of course badly done and confusing, with the "child tax credit" https://www.irs.gov/credits-deductions/individuals/child-tax-credit https://www.irs.gov/credits-deductions/individuals/child-tax... against your income tax later, instead of a monthly check.
- andruby 1y agoDoes that mean that people who don't pay tax, don't get it? (unemployed/retired/...)
- votepaunchy 1y agoThe Child Tax Credit is mostly refundable. https://www.irs.gov/credits-deductions/individuals/refundable-tax-credits https://www.irs.gov/credits-deductions/individuals/refundabl...
- DanielHB 1y agoYes, sorry I mis-explained the 16-year thing. I think one highlight of that is that the benefit shifts to being paid by the CSN (Sweden board of student finance, they are the ones who provide subsidized student loans as well) and it is tied to you being a student. So if you drop out of high school you stop getting this benefit.