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Frequently Asked Questions

When do you receive child tax credit?

The child tax credit may be claimed only if you have a qualifying child under age 17 at the end of the year. You get no credit if a child turned 17 during the year. The IRS has an online questionnaire you can complete to determine if you have a qualifying child.

How long will the child tax credit be paid?

After parents were issued their child tax credit check on Sept. 15, they'll have three more monthly payments this year and one next year. Due to changes made in the American Rescue Plan to help families, households receive 50% of the total credit in six advance installments through 2021, and the rest with a tax refund in 2022.

When will child tax credit increase?

Under the new tax code, the child tax credit will increase from $1,000 to $2,000. This begins for tax year 2018 (when you file taxes in April 2019). Additionally, the plan adds a $300 credit for each non-child dependent or parent for five years.


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