![]() ![]() ![]() ![]() CTC UP will allow you to unenroll before the first advance Child Tax Credit payment is made. If you would rather claim the full credit when you file your 2021 tax return or you know you won’t be eligible for the Child Tax Credit for your 2021 tax year, you can unenroll through the Child Tax Credit Update Portal (CTC UP). If the IRS has processed your 2020 or 2019 tax return, these monthly payments will be made starting in July and through December 2021, based on the information contained in that return. There have been important changes to the Child Tax Credit that will help many families receive advance payments.Īdvance Child Tax Credits (ACTC) payments are early IRS payments from the 50 percent of the estimated amount of the Child Tax Credit that you may claim on your 2021 tax return during the 2022 tax filing season.
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December 2022
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