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5SS5
Level 2

Child Tax Credit question "Enter the total amount of your advance payments" Should I add all payments together that I received? Or would I give the exact monthly amount?

I'm on the question where it asks for you to "Enter the total amount of your advance payments", not sure if I should just add all of the payments that I received each month ie. $150.00 or if I should just give the monthly amount ie. $25.00
Please assist
Thanks in advance
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3 Replies
DianeW777
Expert Alumni

Child Tax Credit question "Enter the total amount of your advance payments" Should I add all payments together that I received? Or would I give the exact monthly amount?

You should enter the combined total of all advance child tax credit (ACTC) payments received. Do not enter only the monthly amount.  It's best to wait for the IRS letter 6419 to enter exactly what their records indicate or use your bank records to accurately record the total amounts received.

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5SS5
Level 2

Child Tax Credit question "Enter the total amount of your advance payments" Should I add all payments together that I received? Or would I give the exact monthly amount?

@DianeW777 Thank you! I actually went to the IRS website and calculated each month and came up with the whole amount, also double checked it by calculating my bank statements. That is the correct amount to use?

DianeW777
Expert Alumni

Child Tax Credit question "Enter the total amount of your advance payments" Should I add all payments together that I received? Or would I give the exact monthly amount?

Yes, if your amounts do agree you can use the whole amount.  Be prepared to compare these amounts with the letter if you have not yet received it. For this use and for future use you should create an 'ID.me' account which will allow you access to your IRS information online.

It seems the best way to set it up is on your phone because a picture for identification will be requested.

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