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anettemom
New Member

Dependent who are currently 17 now do they qualify for advance child tax monthly payments?

 
2 Replies
Critter-3
Level 15

Dependent who are currently 17 now do they qualify for advance child tax monthly payments?

If they will turn 18 anytime   in the 2021 tax year they do NOT qualify for the advance CTC payments.  

xmasbaby0
Level 15

Dependent who are currently 17 now do they qualify for advance child tax monthly payments?

 

A1. For tax year 2021, the Child Tax Credit is increased from $2,000 per qualifying child to:

  • $3,600 for children ages 5 and under at the end of 2021; and
  • $3,000 for children ages 6 through 17 at the end of 2021.

Note: The $500 nonrefundable Credit for Other Dependents amount has not changed. For more information about the Credit for Other Dependents, see IRS Publication 972, Child Tax Credit and Credit for Other Dependents PDF.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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