The credit for 2021 was increased to $3,000 for kids ages 6-17. When the IRS sent out the advanced payments, they deducted this from the $3,000 that you would get for the year. That is what the Advanced payments are. If you would get $3,000 on your return now plus the $1,500 you already received, you would have received a total of $4,500 instead of $3,000.
There was an option to go to the IRS portal and change your Advanced Payments. However, many people did not know this option was available or did not understand what it meant for their 2021 refund when they filed their return so they continued with the advanced payments.
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