An Overview of the

2021 Advance Child Tax Credit
Payments start July 15

Filed already?

You don’t need to take any action now if you’ve filed a 2020 tax return.

Haven’t filed yet?

File your tax return as soon as possible. For people not required to file a tax return and who didn’t file in 2019 or 2020, quickly register using the IRS Non-filer Sign-up Tool. You may qualify for the Child Tax Credit
and Economic Impact Payments.

■ Eligible families can receive advance payments of up to $300 per month for each child under age 6 and up to $250 per month for each child age 6 and above.

■ Payments begin July 15 and will be sent monthly through December 15 without any further action required.

■ You can benefit from the credit even if you don’t have earned income or don’t owe any income taxes.

■ The tax credit includes advance

payments for 2021 only.

The American Rescue Plan Act Advance Child Tax Credit provisions include:

■ The maximum Child Tax Credit increased to $3,600 for children under the age of 6 and to $3,000 per child for children between ages 6 and 17.

■ The credit includes children who turn age 17 in 2021.

■ Taxpayers may receive part of their credit in 2021 before filing
their 2021 tax return.

Eligible taxpayers who don’t want to receive advance payment of the 2021 Child Tax Credit will have the opportunity to unenroll from receiving the payments.

IRS.gov/childtaxcredit2021

Publication 5534 (6-2021) Catalog Number 38425P Department of the Treasury Internal Revenue Service www.irs.gov