Bertha Carrillo Tax Service

Q E5: Do I need to file an amended return to receive advance Child Tax Credit payments? (updated June 24, 2021) A5. No. You’re not required to file an amended return to receive advance Child Tax Credit payments. As provided in this Topic E, if the IRS has not processed your 2020 tax return as of the payment determination date for a monthly advance Child Tax Credit payment, we will determine the amount of that advance Child Tax Credit payment based on information shown on your 2019 tax return. You can update your information through the Child Tax Credit Update Portal (CTC UP). For more information regarding CTC UP and how to update your information, see Topic F: Updating Your Child Tax Credit Information During 2021.

Q E3. I recently filed my 2020 tax return. Do I need to do anything else to receive advance Child Tax Credit payments? (added June 14, 2021) A3. No. You do not need to take additional action beyond filing your 2020 tax return to receive the monthly payments. If you already received one or more payments based on your 2019 tax return, your payment amount may change after we process your 2020 tax return. Otherwise, your monthly payments should begin in July or the month after your 2020 tax return is processed, whichever is later

Q E2. How will I receive my advance Child Tax Credit payments? (updated June 25, 2021) A2. If the IRS has received your banking information, your payment will be sent to you as a direct deposit. We will use bank account information from the following sources, in the following order: Your 2020 tax return. Your 2019 tax return, including information you entered into the Non-Filer tool on IRS.gov in 2020.... A federal agency that provides you benefits, such as: Social Security Administration, Department of Veterans Affairs, or the Railroad Retirement Board. If we do not have bank account information to issue you a direct deposit, we will send your advance Child Tax Credit payments by mail. We will issue Advance Child Tax Credit payments on July 15, Aug. 13, Sept. 15, Oct. 15, Nov. 15 and Dec. 15. See more

Q E1. If I’m eligible to receive advance Child Tax Credit payments, when will I start receiving payments? (updated June 21, 2021) A1. Advance Child Tax Credit payments will be disbursed in monthly installments starting July 15, 2021 through December 2021. More details about when you should expect to receive advance Child Tax Credit payments will be provided soon. Payment Month Payment Date July 7/15/2021... August 8/13/2021 September 9/15/2021 October 10/15/2021 November 11/15/2021 December 12/15/2021 See more

Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer: Half the total credit amount is being paid in advance monthly payments. See the payment date schedule. You claim the other half when you file your 2021 income tax return. Advance payments are sent automatically to eligible people. You do not need to take any action if we have your tax information.