Am I Eligible for the Child Tax Credit?
In 2021, there were significant changes to the Child Tax Credit (CTC). This article only applies to the CTC for the 2021 tax year.
If you have a child, you may be eligible for the CTC. The CTC is money that is taken out of what you owe in taxes based on the number of dependent children you have. Unlike in other years, you could have received some of your 2021 CTC payments in advance, in monthly payments. If you received advanced monthly payments in 2021, you should receive the second half of your 2021 CTC after you file your 2021 tax return (in early 2022). If you did not receive advance monthly payments in 2021, you can still receive the full CTC amount you are owed after you file your 2021 tax return.