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Advance child tax credit payments

From July 15 through December 2021, Treasury and the IRS will advance one half of the estimated 2021 child tax credit in monthly payments to eligible taxpayers.

The monthly advance payments will be estimated from their 2020 tax return, or their 2019 tax return if 2020 information is not available. The payments will begin July 15 and follow monthly thereafter, through December 15. Taxpayers will claim the remaining child tax based on their 2021 information when they file their 2021 income tax return.

 


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