Do I have to amend my taxes to get the additional child tax credits included with the new stimulus bill?

llmarion411 · ‎March 27, 2021

LenaH · ‎March 27, 2021

No. The changes to the child tax credit does effect your 2020 tax return. If you qualify, there are no additional steps you need to take. The child tax credit will be split: half will be paid via a 2021 tax credit and the other half was proposed to be paid monthly from July to December.

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xmasbaby0 · ‎March 27, 2021

That CTC increase is not for 2020; it is for 2021. Your 2020 return does not have to be amended for it. More information will be available soon; the details of how it will be implemented have not yet been clarified fully. There may be monthly payments going out beginning in July 2021, with some of the CTC still left as a refundable credit on your 2021 tax return next year.

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/01/1393859...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Do I have to amend my taxes to get the additional child tax credits included with the new stimulus bill?