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    • Monthly through December 2021

      • The advance Child Tax Credit allows qualifying families to receive early payments of the tax credit many people may claim on their 2021 tax return during the 2022 tax filing season. The IRS will disburse these advance payments monthly through December 2021.
      www.irs.gov/newsroom/common-questions-about-the-advance-child-tax-credit-payments

      Common questions about the advance Child Tax Credit payments

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  3. www.irs.gov › newsroom › common-questions-about-theCommon questions about the advance Child Tax Credit payments

    Aug 11, 2021 · The advance Child Tax Credit allows qualifying families to receive early payments of the tax credit many people may claim on their 2021 tax return during the 2022 tax filing season. The IRS will disburse these advance payments monthly through December 2021.

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      These updated FAQs were released to the public in Fact Sheet...

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

    These updated FAQs were released to the public in Fact Sheet 2022-32 PDF, July 14, 2022. Q E1. When did eligible individuals receive advance Child Tax Credit payments? (updated January 11, 2022) Q E2. How did eligible individuals receive their advance Child Tax Credit payments? (updated May 20, 2022) Q E3.

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

    Jul 14, 2022 · Disbursement of advance Child Tax Credit payments began in July and continued on a monthly basis through December 2021, generally based on the information contained in your 2019 or 2020 federal income tax return.

  6. home.treasury.gov › news › press-releasesTreasury and IRS Disburse Fifth Month of Advance Child Tax ...

    Unless Congress acts to extend the advance Child Tax Credit, Treasury and the IRS will deliver the final monthly payments on December 15th. Absent an extension, the families of roughly 61 million children currently benefiting from this reliable relief will once again face tighter monthly budgets and difficult choices to make ends meet.

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  8. www.taxpayeradvocate.irs.gov › news › tax-tipsTen Things to Know About Advance Child Tax Credit Payments

    • The IRS is determining potential Advanced Child Tax Credit Payment (AdvCTC) eligibility* using information from: taxpayer’s 2020 tax return (or, in some cases, taxpayer’s 2019 tax return),
    • If taxpayer is unsure if they qualify, they can use the Advance Child Tax Credit Eligibility Assistant tool to find out.
    • Families who are eligible for AdvCTC (based on the above) will receive three letters. First letter advises of the potential eligibility and provides a link to IRS.gov for more information.
    • The monthly payment amount will be up to $300 per month for each qualifying child under age 6, and up to $250 per month for each qualifying child ages 6 to 17.

  9. www.taxpayeradvocate.irs.gov › news › tax-tipsEarly information about Advanced Child Tax Credit payments ...

    Apr 20, 2021 · In the legislation, the IRS is directed to “to establish a program to make periodic advance payments (of equal amounts) of the child tax credit to eligible taxpayers.” Periodic advance payments are only to be made for months between July 1, 2021 and December 31, 2021.

  10. www.taxpayeradvocate.irs.gov › news › tax-tipsIRS statement on Advance Child Tax Credit Payment updates

    Sep 29, 2021 · These individuals will receive their payments as early as today [September 24] by direct deposit or in the coming days for those receiving checks by mail.