Question

Child Tax Credit

Forum|Forum|4 years ago
July 21, 2021
1 reply
0 views

I understand that we will be receiving CTC for the year but why is it that I was only giving for one child and not all three?

Critter-3

TurboTax does not know why you did not receive the CTC payment. It is possible that your payment has not posted to your account yet, or that they mailed a check and you need to watch your mailbox. If your 2020 return or an amended return is still pending you will not receive a monthly advance check.

This is a brand new system thrown together by the IRS after Congress changed tax laws in the middle of the tax season. There are going to be bugs, glitches and mistakes made and folks will unfortunately have to be patient until they sort it out.

If you do not receive the monthly payments you will be able to get the CTC on your 2021 tax return.

https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021

https://www.irs.gov/newsroom/irs-announces-two-new-online-tools-to-help-families-manage-child-tax-cr...

IRS.gov/childtaxcredit2021,

https://www.irs.gov/credits-deductions/child-tax-credit-update-portal