Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 11, 2024 11:30:49 AM

I heard there is an additional amount people with children are supposed to get per month, starting in July. How do I make sure I get this?

0 2 4832
2 Replies
Level 15
Jun 11, 2024 11:36:27 AM

There is no longer advanced child tax credit. 

Level 15
Jun 11, 2024 11:53:47 AM

Q. Is it true that there is an additional amount people with children are supposed to get starting in July?

A. No. That's only  congressional proposal, at this point in time.  Even if passed, it's unlikely to have an advance monthly payment provision.

 

Reference: https://www.kiplinger.com/taxes/congress-negotiating-child-tax-credit