And....from what source did you get that amount? How do you know it is $800? Has your 2020 return that claimed the baby been fully processed yet? And----is it possible that your income is high enough for your amount to phase out?
You may receive half of the Child Tax Credit for each child in equal payments each month for the remainder of 2021. Payments will start in July.
- For each qualifying child under age 6, you will receive up to $1,800 in advance, generally paid in six monthly payments of $300.
- For each qualifying child age 6 through 17, you will receive up to $1,500 in advance, generally paid in six monthly payments of $250.
These advance payment amounts begin to be reduced if your modified AGI exceeds:
- $150,000 if married and filing a joint return or if filing as a qualifying widow or widower;
- $112,500 if filing as head of household; or
- $75,000 if you are a single filer or are married and filing a separate return.
**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.**
