Can I get the rest of the child tax credit for 2021 (Already getting the monthly $250) if I have no taxes to file? My income since 2020 has been all VA disability. Last years taxes I was able to use 2019 income.
For your 2021 tax return you can still get the chid tax credit even if you have no earned income or taxable income. Prepare and file a 2021 return to claim your dependent child(ren) to get the child tax credit. If you have received any of the advance monthly payments during 2021 you will need to enter the amount already received, and the amount will be reconciled so that you receive the balance of the CTC as a refund.
Hi Phoenix588,
For tax ywar 2021:
If you meet certain residency requirements, your child tax credit will be fully refundable even if you received no income. If you do not meet the residency requirements, you will figure your child tax credit and additional child tax credit in a manner similar to how these credits were figured for 2020. In no uncertain terms...YES!