turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If you receive stimulus payment for child will you get child tax credit refund this year when taxes are filed?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
Irene2805
Expert Alumni

If you receive stimulus payment for child will you get child tax credit refund this year when taxes are filed?

Yes, as long as all the other requirements are met for the Child Tax Credit.  The stimulus payment is not taxable and will not affect the Child Tax Credit.

If you receive stimulus payment for child will you get child tax credit refund this year when taxes are filed?

When is the earliest date you can start to file taxes?

If you receive stimulus payment for child will you get child tax credit refund this year when taxes are filed?

The IRS has not posted the start date for processing 2020 returns yet  however if all your forms are ready to be filed you can efile now if you like  HOWEVER  filing early will not guarantee you will be processed first and in fact in the past early filers have been delayed(sometimes for months)  especially in years when there have been late tax law/form changes so I highly recommend against it.   And if your return has EIC on it those returns will not start processing prior to mid February at the earliest ... so there is no uptick to filing early.  

 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question