SDCM Tax Service

Aug 7, 20211 min

Advance Child Tax Credit Payments in 2021

Reference - IRS.gov

According to the IRS they began paying half the total Child tax credit amount in advance monthly payments on July 15th, 2021. Taxpayers can claim the other half when they file their 2021 income tax return.

These changes apply to tax year 2021 only. Click the links below for more information:

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