Category Archives: Child Tax Credit

Find the latest updates and information about the Child Tax Credit Act here!

IRS updates FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments

The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax returns. This extensive FAQ update (FS-2022-03) PDF includes multiple streamlined questions for use by taxpayers and tax professionals and is being issued…

The last monthly child tax credit payment of 2021 is being distributed

The Internal Revenue Service and the Treasury Department announced today that millions of American families will soon receive their final advance Child Tax Credit (CTC) payment for the month of December. Eligible families who did not receive advance payments can claim the Child Tax Credit on their 2021 federal tax return to receive missed payments…

IRS will send out the last Advance Child Tax Credit payment by December 15, 2022

The Internal Revenue Service (IRS) is preparing for the sixth and final batch of monthly child tax credit payments. The first five payments were sent between July 15 to November 15, while the last payment is scheduled for December 15. There will then be payments of up to 1,800 dollars or 1,500 dollars, depending on the age of the…

IRS updates 2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions

The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit Payments to describe how taxpayers can now provide the IRS an estimate of your 2021 income using the Child Tax Credit Update Portal (CTC UP). These FAQs update the Advance Child Tax Credit Topic A FAQs by adding a new question,…

Midnight Tonight! IRS deadline to change income info for November 15 Child Tax Credit Payment

The next round of the advance child tax credit is set for Nov. 15. But if you’re worried that you’re getting too much or too little money, well, the IRS is asking that some people who saw their incomes change this year take action by Monday.  On Monday, a new feature of an Internal Revenue Service…

Related Posts