To help families during the COVID-19 pandemic, the U.S. government made changes to the Child Tax Credit (CTC) for tax year 2021.
Advance Monthly Payments
Families can get half of the fully refundable credit as monthly payments in 2021 and the other half as a refund in 2022.
Families claiming CTC for tax year 2021 will receive up to:
- $3,600 per qualifying child under 6
- $3,000 per qualifying child between the ages of 6 and 17
Advance CTC Payments began July 15, 2021:
|0-5||Up to $300 per child||Up to $1,800 per child|
|6-17||Up to $250 per child||Up to $1,500 per child|
You will get maximum CTC payment amounts if you had no income or adjusted gross income (AGI) up to:
- $75,000 (single filer or married couples filing separately)
- $112,500 (head of household)
- $150,000 (married taxpayers filing a joint return and qualifying widows or widowers)
Payments will begin to phase out (reduce) for incomes above these AGI amounts.
To get payments, you need to file a tax return or use the IRS CTC Non-Filer Sign-Up Tool even if you do not owe money. You are eligible for payments even if you are incarcerated or experiencing homelessness.
- Your child must have a Social Security number (SSN).
- You can have an SSN or Individual Taxpayer Identification Number (ITIN).
You do not need to take any action if you filed your 2020 (or 2019) tax return or used the IRS Non-Filer Tool to sign up for Economic Impact Payments (Stimulus Payments). Advance payments will be estimated from information included in your 2020 tax return (or 2019 return if your 2020 return is not filed and processed yet) or the information you entered into the IRS Non-Filer Tool.
If you are required to file a return but did not file your 2020 tax return, use NYC Free Tax Prep to file your taxes for free.
If you are not required to file a return because your AGI is under $12,400 (single filer), $18,650 (head of household), or $24,800 (joint filers), you can:
Learn more about the Child Tax Credit (CTC).