New 2021 baby

[CarmenPineda11]

I had a baby in 2021 in January. How do I qualify for the new child tax credit

[Sandyln]

Congratulations on the birth of your baby. The IRS is basing the Advanced Child Tax Credit payments on children claimed on the 2020 return or born in 2020. The IRS plans to update the Manage Payments portal to allow taxpayers to update the information on children born in 2021 in late August or September. You would use the Manage Payments portal to:

• Check if you’re enrolled to receive payments
• Un-enroll to stop getting advance payments
• Provide or update your bank account information for monthly payments starting with the August payment

Here is the link to the Child Tax Credit Update Portal:  https://www.irs.gov/credits-deductions/child-tax-credit-update-portalHere is a link to the 2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions:  https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-f...

irs.gov

Child Tax Credit Update Portal | Internal Revenue Service

Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit starting in the summer of 2021.

irs.gov

2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions | Internal Re...

There have been important changes to the Child Tax Credit that will help many families receive advance payments. The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit (CTC) for tax year 2021 only. Below are frequently asked questions about the Advance Child Tax Credit Payments in 2021, separated by topic.

https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax[…]-topic-f-updati... it's in the FAQ QF3 Q F3. What if I will claim a child on my 2021 tax return but did not claim that child on my 2020 tax...A3. Your first advance Child Tax Credit payments will be based on the children you claimed for the Child Tax Credit on your 2020 tax return (or 2019 tax return, if your 2020 tax return has not been processed as of the payment determination date for any of your monthly advance Child Tax Credit payments).
Later this year, the Child Tax Credit Update Portal (CTC UP) will be updated to allow you to inform us about the qualifying children you will claim on your 2021 tax return so that we can adjust your estimated 2021 Child Tax Credit – and therefore adjust the amount of your monthly advance Child Tax Credit payments.
If you do not receive advance Child Tax Credit payments for a qualifying child you will claim in 2021, you may claim the full amount of your allowable Child Tax Credit for that child when you file your 2021 tax return.
More details will be provided regarding CTC UP through these questions and answers.

irs.gov

2021 Child Tax Credit and Advance Child Tax Credit Payments — Topic F: Updating Your Child Tax Credi...

Frequently asked questions about the 2021 Child Tax Credit and Advance Child Tax Credit Payments Topic F

irs.gov

2021 Child Tax Credit and Advance Child Tax Credit Payments — Topic F: Updating Your Child Tax Credi...

Frequently asked questions about the 2021 Child Tax Credit and Advance Child Tax Credit Payments Topic F