Hooray! This IRS tool will tell you if you qualify for child tax credit payments


Parents will want their newest tax return to make use of the net tool. 


Sarah Tew/CNET

The first piece of fine information is that you might be simply days away from a child tax credit check. The second piece of fine information is that there is a easy approach to discover out if your loved ones qualifies for a cost on July 15: the Advance Child Tax Credit Eligibility Assistant. All you must do is reply a number of fast questions on-line primarily based in your most up-to-date tax return like your earnings, submitting standing and variety of kids. 

Throughout the 12 months, households that qualify will mechanically get month-to-month payments upfront of subsequent 12 months’s tax season (which is when the credit would have been issued in full in prior years). If your dependents are aged 17 and beneath, you’ll get half of the entire credit via these month-to-month checks. There’s additionally this tidbit of reports: if you want to only get the entire quantity in spring 2022, you have time to decide out earlier than the August test utilizing the Child Tax Credit Update Portal

If you uncover you’re eligible — the overwhelming majority of households with kids will be — use CNET’s child tax credit calculator to see how a lot cash to count on. It might be as much as $3,600 per child between 2021 and 2022. If you do not have an account with the IRS but, you can set one up using ID.me. Also, here is what you must learn about how the child tax credit will affect your taxes. We will replace this story as wanted. 

What will I must test my eligibility on-line? 

Before you start, make sure that you’ve received a duplicate of your 2020 tax return, or your 2019 tax return if you have not but filed your taxes this 12 months (for instance, if you filed an extension). If you do not have a tax return available, you can use your submitting standing and the variety of kids you claimed, together with an estimate of your whole earnings for 2020. 

How do I take advantage of the Eligibility Assistant on the IRS web site?

Once you’ve discovered what your earnings was for both 2020 or 2019, you can test your eligibility. Here’s how.

1. Go to the Advance Child Tax Credit Eligibility Assistant tool web page on the IRS web site.

2. Tap or click on Check Your Eligibility.

3. You’ll then must reply a number of questions on your self and your taxes. For occasion, the shape will ask if you claimed the child tax credit on a earlier tax return.

4. You may have to supply further info, relying on how you answered the questions. Here’s the place you fill in your submitting standing, adjusted gross earnings and the variety of kids you claimed in your tax return (together with their ages).

5. After you hit Next, the tool will let you know whether or not you qualify primarily based on the solutions you supplied. It’ll tell you the quantity every child beneath 6 qualifies you for, and the way a lot every child 6 and older qualifies you for. It’ll additionally present you the earnings phaseout particulars.

6. From right here, faucet or click on Manage your advance child tax credit payments, which will take you to the child tax credit portal that lets you unenroll from the monthly payments if you want to get one giant test as a substitute of a number of smaller ones, or submit your info if you’re a nonfiler.

$300 cash with calculator

The Eligibility Assistant tool doesn’t give you a personalised child tax credit quantity. 


Sarah Tew/CNET

What if I’ve a child after checks begin this month?

If you have a baby after the July 15 cost goes out, you’ll must replace your info within the IRS Update Portal when that function is made obtainable in late summer time. Once the company has your up to date particulars on file, you’ll be eligible to obtain the long run payments. For occasion, if your child is born Aug. 20, you may begin getting the advance payments in September. You’ll have to attend till 2022 to get the July and August payments retroactively. 

If your child is born in December, you can declare the cash you did not get from July via December when you file your taxes subsequent 12 months. If you have a new child in January 2022, you will not be eligible for the bigger sum of cash that was accepted within the American Rescue Plan, however you might be eligible for the unique quantity — except the improved child tax credit is prolonged.

What does the Eligibility Assistant not tell me?

  • The personalised whole you’ll get from the child tax credit cost. It leaves it as much as you to do the mathematics.
  • How a lot the payments will be decreased if your earnings exceeds the restrict.
  • All of the cost dates for the child tax credit.
  • Only one dad or mum can declare the cash for any given child in a shared custody situation.

You can discover a solution to a few of these questions in our child tax credit FAQ


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