Judyth R
Employee Tax Expert

Deductions & credits

Hi Wesleyway93,

Let me first say congratulations on the birth of  your bundle of joy and being first-time parents! To be eligible for the advance child tax credit monthly payments, you must have a qualifying child you claimed on your 2020 tax return that you will also file for 2021. Since you just had your baby, you will not receive any advance payments. You could claim the full amount ($3,600) of child tax credit on your 2021 tax return if you meet the eligibility (income) requirements where you modified AGI does not exceed $150,000 as a married filing jointly filer.

 

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