If you’re looking for help with the Child Tax Credit advance payments, go to the IRS Child Tax Credit Update Portal to view your eligibility, unenroll from getting advance payments, or to update your bank account information.
The child tax credit is a $2,000 tax credit for each qualifying dependent child claimed on your return.
To qualify, your child must meet all of these requirements:
- Be under age 17 at the end of the tax year
- Is your child, stepchild, foster child, adopted child, sibling, step sibling, half sibling, or a descendant of any of them (for example, a grandchild, niece, or nephew)
- Has their own Social Security Number
- Children with ITINs don't qualify, but may instead be eligible for the $500 Credit for Other Dependents
- Lived with you for more than half the year
- Didn't support themself (didn't pay more than half their own expenses)
- Is a US citizen, US national, or US resident alien
- Residents of Canada or Mexico don't qualify
Up to $1,400 of the credit is refundable (meaning you can get it as a refund) and is phased-in based on your earned income. In most cases, you must have $2,500 or more of earned income to be eligible for any portion of the refundable Child Tax Credit. Once your AGI reaches $200,000 (or $400,000 if you're filing jointly with your spouse), however, the $2,000 per-child credit is reduced.