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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.

Half the total credit amount will be paid in advance monthly payments and you will claim the other half when you file your 2021 income tax return. We’ll issue the first advance payment on July 15, 2021. For a full schedule of payments, see When will the IRS begin issuing the advance Child tax Credit.

You can also use this tool for:

View your eligibility

View your advance payments

Unenroll from getting advance payments

Link: https://www.irs.gov/credits-deductions/child-tax-credit-update-portal



Submitted June 22, 2021 at 08:16AM by JC1812 https://ift.tt/3vO60i8

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