As a family in the United States, you are supposed to receive payments of your Child Tax credit and in this article, You’ll know more about the child tax credit and the basics of Child Tax Credit Payments 2021. The payment is made in an orderly way and you have to know the basics.
It is a monthly payment that is made to every family simply know as advanced “Child Tax credit payment”.
To get started, one will need to know about it and that includes the eligibility standard and the portal to visit to be part of the payments.
The advance payments’ intention is to help families get the cash immediately to use in 2021, with the rest of the credit arriving during tax season next spring.
Advance Payments Qualification
To qualify for advance payments of the Child Tax Credit, you (and your spouse, if you filed a joint return) must have the following;
- Filed a 2019 or 2020 tax return and claimed the Child Tax Credit on the return or
- Given us your information in 2020 to receive the Economic Impact Payment with the Non-Filers: Enter Payment Info Here tool or
- Given us your information in 2021 with the Non-Filer: Submit Your Information tool; and
- Lived in a main home in the United States for more than half the year (the 50 states and the District of Columbia) or filed a joint return with a spouse who has a main home in the United States for more than half the year; and
- A qualifying child who is under age 18 at the end of 2021 and who has a valid Social Security number; and Made less than certain income limits.
Advanced Child Tax Credit Portal
The portal is easily accessible and you can get all the informaton you need on the platform.
The advanced child tax credit portal lets families see their eligibility, manage their payments, and unenroll from the advance monthly payments. Parents can also update their direct deposit information and mailing address using the portal.
You can also update your information as circumstances changes right on the portal.
The website is www.irs.gov. It is the official website of the United States Government.
Child Tax Credit Payments 2021
In respect to the payments, a lot of people ask the following questions and more;
- Will there be a child tax credit in 2021?
- Can I check the status of my child tax credit?
- Is child tax credit paid in advance or arrears?
To get an accurate answer to the questions above and more, all you have to do is to visit the official website where all the questions have been answered.
The next Payments will be coming up on the 15th of October, November, and December, 2021.
Meanwhile, if you have any questions about this child tax credit payments 2021, simply let securedbest.com know by using the comment box below.