Is there a early child credit payments July 15th, for qualifying children?

[rb101374]

2024

[xmasbaby0]

There are no monthly advance child tax credit payments for 2024.   In tax year 2021 ONLY there were advance CTC payments sent from July 2021 to December 2021.  There were no such payments in 2022, 2023, and no such payments being sent for 2024.

As of now, the child tax credit for 2023 is still $2000, with a refundable “additional child tax credit “ amount of up to $1600.

No one here knows if or when the proposed enhanced child tax credit bill will pass.  It has gone through the House  of Representatives and is now in the Senate—where 100 senators will decide whether to pass it.  It has not been passed or signed into law.    IF and when it passes, we do not know when they will make it effective or how it will be implemented.  They are still wrangling with it so we do not know what it will look like when they are done.  We do not know when or if they will put this to a vote.

[DoninGA]

No, there is not any type of monthly payment for the Child Tax Credit in 2024.  Nor was there any in 2023 or 2022.   

That was only a one-time occurrence and only in 2021 for the the months of July thru December.

Where are you seeing this type of information?  Could you post a link?  Someone seems be posting totally erroneous information concerning the Child Tax Credit.

[xmasbaby0]

@DoninGA @rb101374 Yes----were are getting some questions about this from users who must be seeing some incorrect information somewhere that is setting them up to expect CTC payments for 2024.    @rb101374 What made you think there might be payments going out on the 15th?   Mischief/misinformation on social media?

[rb101374]

Nothing to due with social media. I  had a family member spreading false info and want to get information from a tax expert. I believe there's nothing wrong with asking questions? 

[xmasbaby0]

@rb101374 Nothing wrong with asking.   We are becoming curious because lately there have been a number of questions very similar to your own, specifically mentioning July 15.

[robjan444]

https://campcolley.org/ctc-deposit-[product key removed]-eligibility-criteria-amount-payout-dates/#:... 

[VolvoGirl]

@robjan444   The spam filter messed up your link.    Don't know how you can post it another way?  

[VolvoGirl]

Was it this?  https://campcolley.org/3600-child-tax-credit-2024-check-ctc-eligibility-payment-date-benefits/ 

[robjan444]

a simple Google search will show you all the sites that are giving wrong information about the 2024 Child Tax Credit payments. most say the first payment will be tomorrow, July 15, 2024; with the following payouts being the 15th of each month until December.

[xmasbaby0]

Unless The Senate votes and the President signs it into law, those payments will not happen despite anything that Google is turning up.

[huffheather35]

There's all kinds of places about the payments. Google news is the biggest I've seen. 

[Tpollock0210]

Well to all that says we don't get payments. That's its false information. This on the irs.gov says we do. 

https://www.irs.gov/newsroom/irs-families-receiving-monthly-child-tax-credit-payments-can-now-update...

[Tigerkat1984]

On that website you mentioned it says nothing found

[Mike9241]

https://www.irs.gov/newsroom/child-tax-credit-most-eligible-families-will-automatically-receive-mont... 

notice the year for the thread 2021 not 2024

the House passed a law for the CTC for 2024. The Senate has not acted. So IT IS NOT LAW. Don't be surprised when it doesn't show up in your bank account on 7/15 

see this blog

https://www.usatoday.com/story/news/factcheck/2024/06/17/irs-tax-credit-children-300-fact-check/7410...