Child tax cedit

Bmwinfrey · ‎July 21, 2021

I just had my first child Jan. 2 this year so I was not able to claim her when I filed this year. What do I do to receive the monthly payments that started this month? Or do I even qualify?

Critter-3 · ‎July 21, 2021

You may be eligible for an advance of the child tax credit to be paid during 2021.

See this IRS website for information - https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021

JoeD_CPA_CFP · ‎July 21, 2021

Hi,

Thank you for asking your question! You have the option to wait until next year to get your full credit on your tax return. If you would like to receive payments monthly in 2021, you must log in to the IRS portal to do so. Some of the functionality, what you can and can't do, of the IRS portal is being introduced in phases.

Here is where you can get the latest information:

IRS Advanced Child Tax Credit Portal

IRS Advanced Child Tax Credit FAQs

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Child tax cedit

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Deductions & credits