06/28/2021
****Facts about the Advance Child Tax Credit****
Advances are not subject to offset for:
Federal or state tax debts
Past due child support
Advances are subject to garnishment
Payment frequency – Monthly payments will be issued on the following dates: July 15, August 13, September 15, October 15, November 15, December 15
A letter informing the taxpayer how much Advance Child Tax Credit they received in 2021 will be sent to the taxpayer by January 31, 2022.
The IRS has created the following tools (that are available now) related to the Advance Child Tax Credit:
Child Tax Credit Update Tool
Individuals who are eligible to receive the Advance Child Tax Credit payment can use this tool to do the following:
Elect to op-out of receiving advance payments. This means that you will receive the full credit as part of your refund when you file your 2021 federal tax return.
View their eligibility, enrollment status, and amount of monthly payment they will receive
Child Tax Credit Eligibility Tool
This tool will allow an individual to determine if they are eligible for an Advance Child Tax Credit payment.
Individuals will be asked questions such as:
Last tax return filed
Are they a resident of a US territory
Read more
Child Tax Credit Non-Filer Sign Up Tool
This tool is designed to help eligible individuals who do not normally file tax returns register for the monthly Advance Child Tax Credit payments.
It is an update of last year’s IRS Non-filers tool that was used for the Economic Impact Payments.
This tool is for individuals who did not file a tax return for 2019 or 2020 and who did not use the IRS Non-filers tool last year to register for Economic Impact Payments.
The link for the Advance Child Tax Credit can be found below. Not all features are working on the site yet.
Find details about the advance Child Tax Credit payments, including how to get them or stop getting them.