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Deductions & credits
What year is "this year"?
There is no advance payment of the child tax credit for 2023 or 2024. You get the child tax credit on your tax return. For 2023 it's on Form 1040 lines 19 and 28. You will get the child tax credit for 2024 on your 2024 tax return.
There is false information circulating on social media saying that the IRS will be making monthly Child Tax Credit (CTC) payments starting July 15, 2024. That is false. There are no such payments.
‎August 21, 2024
6:34 PM
10,398 Views