Advance Child Tax Credit Information and Resources

Advance Child Tax Credit
Posted on 10/04/2021
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The Child Tax Credit has changed for 2021. Qualified families may receive regular advance payments during the year, totaling up to 50% of the credit. Families who typically don’t file taxes may still qualify for advance Child Tax Credit.  There’s still time for eligible families who are not required to file taxes to register for the payments. The 
Non-Filer Sign-Up tool is only available until October 15, 2021

 

Maximum Child Tax Credit in 2021

  • $3,600 for children under the age of 6 and
  • $3,000 per child for children between ages 6 and 17.

 

Eligible families will receive a payment of up to $300 per month for each child under age 6 and up to $250 per month for each child age 6 and above. Qualified families who didn't get July, August or September payments and are getting their 1st payment now will get advance payments over 3 months

 

Many people are unaware that they may qualify for a credit in the form of monthly payments. Some examples would be:

·  Individuals who do not have any earned income or who are not required to file a tax return may qualify for the credit.

·  People who receive government benefits may think it will affect their benefits or that they lose benefits if they receive the credit

·  Individuals who are experiencing homelessness with a qualifying child may also qualify for the credit.

·  Those with Individual Taxpayer ID numbers (ITINs), with a qualifying child may also qualify

·  Grandparents raising grandchildren may not realize they could qualify for the credit

·  Parents who didn’t claim their child on their 2020 tax return

 

The IRS estimates that more than 60,000 Arizona children who may be eligible to be claimed for the expanded and newly-advanceable Child Tax Credit have not been claimed on a recent tax return. Combined with the Economic Impact Payments, this could amount to over $14,000 for a family of 2 adults and 2 children who may be struggling to make ends meet.

 

Please feel free to share this information widely to reach as many families as possible, including sharing with your local community organizations.

 

·  Are you missing our on monthly #ChildTaxCredit payments? An #IRS tool helps eligible families who receive little or no income submit the information needed to get advance payments. Visit https://go.usa.gov/x6NNT

·  School expenses on your mind? An #IRS reminder that families who typically don't file taxes may qualify for advance #ChildTaxCredit payments. www.irs.gov/childtaxcredit2021

·  Millions of families in the U.S. are receiving advance monthly payments of the #ChildTaxCredit from the #IRS. If you have a child age 17 or younger and think you may qualify, visit: www.irs.gov/childtaxcredit2021

·  Families are now receiving a 3rd batch of #ChildTaxCredit payments. Remember: For families not required to file taxes, the #IRS Non-filer Sign-up Tool remains available until Oct. 15 as an easy way to register for payments. See: https://go.usa.gov/xMZkX

·  An #IRS reminder that receiving advance #ChildTaxCredit payments doesn't affect the amount you receive in other Federal benefits. Learn more at: www.irs.gov/childtaxcredit2021

·  Raising a grandchild? You may qualify for advance monthly payments of the 2021 #ChildTaxCredit. To check with #IRS whether you qualify, visit: www.irs.gov/childtaxcredit2021 

 

Below are links to additional resources that you might find useful:

· Get Details on the Advance Child Tax Credit

· Questions and Answers About the Advance Child Tax Credit Payments

· Publication 5538, A Step-by-Step Guide to Using the Non-filer Sign-up Tool for Child Tax Credit & Economic Impact Payments

· Code for America https://www.getctc.org/ (This can be used in place of the Non-filer Sign-up Tool and can be accessed through a smart phone or tablet)

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