No. Claiming the Child Tax Credit should not add any processing time for your return. Processing could be slow because of all the Other things happening in the IRS right now with processing Stimulus payments and updating to do additional payments and all of the new tax laws because of the Covid-19 Relief Act.
There is, however, a special temporary rule allowing individuals to use their earned income from tax year 2019 to determine their eligibility and amount of Earned Income Tax Credit and the refundable portion of the Child Tax Credit (i.e., the Additional Child Tax Credit) in the 2020 tax year. TurboTax will help you to do this when you file your 2020 tax return this year.
The package provides relief through multiple measures and expands many of the provisions already put into place under the CARES Act, including a second round of direct stimulus payments to individuals and families.
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