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   Can I claim my child tax credit on MY 2021 tax return?

   • The amount of the Child Tax Credit that you can claim on your 2021 tax return is the total amount, including any excess Child Tax Credit Amount that may remain after accounting for your advance Child Tax Credit payments.

   2021 Child Tax Credit and Advance Child Tax Credit

   www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-topic-h-reconciling-your-advance-child-tax-credit-payments-on-your-2021-tax-return

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   Do I need to repay my advance child tax credit?

   • You won't need to repay any excess amount of your advance Child Tax Credit payments if you qualify for full repayment protection and your main home was in the United States for more than half of 2021 and your modified adjusted gross income (AGI) for 2021 is at or below the following amount based on your filing status on your 2021 tax return:

   2021 Child Tax Credit and Advance Child Tax Credit

   www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-topic-h-reconciling-your-advance-child-tax-credit-payments-on-your-2021-tax-return

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   Will the child tax credit increase in 2021?

   • The credit amounts will increase for many taxpayers. The credit for qualifying children is fully refundable, which means that taxpayers can benefit from the credit even if they don’t have earned income or don’t owe any income taxes. The credit will include children who turn age 17 in 2021.

   2021 Child Tax Credit & Advanced Payment Option - TAS

   www.taxpayeradvocate.irs.gov/get-help/credits/2021-ctc-and-advanced-payment/

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   Can I claim the child tax credit for more than one child?

   • The IRS estimated your total advance Child Tax Credit payment amount based on your qualifying children. When you file your 2021 joint tax return with a modified AGI of $75,000, you can claim the Child Tax Credit for each qualifying child – and in this case, you have two excess qualifying children.

   2021 Child Tax Credit and Advance Child Tax Credit

   www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-topic-h-reconciling-your-advance-child-tax-credit-payments-on-your-2021-tax-return

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2. www.irs.gov › credits-deductions › 2021-child-tax2021 Child Tax Credit and advance Child Tax Credit payments ...

   www.irs.gov › credits-deductions › 2021-child-tax

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   Jul 14, 2022 · For purposes of the Child Tax Credit and advance Child Tax Credit payments, your modified AGI is your adjusted gross income (from the 2020 IRS Form 1040, line 11, or, if you haven’t filed a 2020 return, the 2019 IRS Form 1040, line 8b), plus the following amounts that may apply to you.

   • IRS updates FAQs for 2021 Child Tax Credit and Advance Child ...

     WASHINGTON — The Internal Revenue Service today updated...

   • Additional Child Tax Credit (ACTC) – General Eligibility

     Taxpayers with more than $2,500 of taxable earned income may...

3. www.irs.gov › newsroom › irs-updates-faqs-for-2021IRS updates FAQs for 2021 Child Tax Credit and Advance Child ...

   www.irs.gov › newsroom › irs-updates-faqs-for-2021

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   Jan 11, 2022 · WASHINGTON — 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 return.

4. www.irs.gov › credits-deductions › 2021-child-tax2021 Child Tax Credit and advance Child Tax Credit payments ...

   www.irs.gov › credits-deductions › 2021-child-tax

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   Jul 14, 2022 · The amount of the Child Tax Credit that you can properly claim on your 2021 tax return. Excess Child Tax Credit Amount: If the amount of your Child Tax Credit exceeds the total amount of your advance Child Tax Credit payments, you can claim the remaining amount of your Child Tax Credit on your 2021 tax return.

5. apps.irs.gov › app › vitaAdditional Child Tax Credit (ACTC) – General Eligibility

   apps.irs.gov › app › vita

   Taxpayers with more than $2,500 of taxable earned income may be eligible for the additional child tax credit if they have at least one qualifying child. Taxpayers with three or more children may also be eligible for additional child tax credit regardless of their income.

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6. www.eitc.irs.gov › other-refundable-creditswhat you need to know about ctc and actc | Earned Income Tax ...

   www.eitc.irs.gov › other-refundable-credits

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   Here's what you need to know about the Child Tax Credit (CTC), the Additional Child Tax Credit (ACTC) the refundable portion and the Credit for Other Dependents (ODC). Beginning with tax year 2018 and through tax year 2025, you may be able to claim ODC, a nonrefundable credit for each eligible dependent who can't be claimed for the child tax ...

7. www.taxpayeradvocate.irs.gov › get-help › credits2021 Child Tax Credit & Advanced Payment Option - TAS

   www.taxpayeradvocate.irs.gov › get-help › credits

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   Jul 6, 2021 · If you are entitled to the Additional Child Tax Credit you can claim it on your original or amended 2021 Tax Return. The American Rescue Plan Act of 2021 made important changes to the Child Tax Credit (CTC) for tax year 2021 only.

8. www.investopedia.com › terms › aAdditional Child Tax Credit (ACTC): Definition and Who Qualifies

   www.investopedia.com › terms › a

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   Nov 25, 2023 · Key Takeaways. The Additional Child Tax Credit is the refundable portion of the Child Tax Credit. It is claimed by families who owe the IRS less than their qualified Child Tax Credit amount. For...