Hi Wes!
Congratulations on the new baby! Such an exciting time. In order to qualify for the advanced child tax credit (monthly payments) your AGI needs to be less than $150,000 when Married Filing Jointly. Based on your 2020 income, you do not qualify for the advanced payments.
In the event your financial situation changes, I want to give you the link for the IRS Portal so you can update your information related to the Advanced Child Tax Credit Payments for 2021. Please keep in mind that the IRS is still working on updates for the portal. You should be able to add a child born in 2021 by the end of the summer. Please see following link: https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
