Parents Who Missed Out On The $3,600 Child Tax Credit Can Claim By November 15

TL;DR: Last year, a generous child tax credit provided qualifying parents with up to $3,600 per child. For families who missed out on some of all of the child tax credit payments, there’s no need to stress. This guide explains who qualifies, the rules that apply, and how to apply them to your situation.

Last year, a generous child tax credit provided qualifying parents with up to $3,600 per child. For families who missed out on some of all of the child tax credit payments, there’s no need to stress.

Don’t Miss Out On The CTC Payment

There’s good news for families who missed out on the payments for the child tax credit. Families who received advance monthly payments in 2021 can file a tax return to get the rest of their payments. Generally, this is $1,800 per younger child and $1,500 per older child, the nonprofit explains.

Those who did not receive monthly payments in 2021 can file a tax return to get their total CTC payments, which generally add up to $3,600 per younger child and $3,000 per older child.

Monthly payments of the CTC started in July 2021 right after Congress passed the Coronavirus Relief Package, which made significant expansions to the credit. This is actually applied only in 2021. Families can still receive the second half of their payment by filing their 2021 tax return but unfortunately, the CTC expansion wasn’t renewed for 2022.

Post-November 15 Deadline, You Can Still Claim!

Those who are eligible for the child tax credit actually have up until 3 years after the initial due date. Thing is, you would have to go through a couple more steps. A must-do action is: Filing tax returns for the years in question. Families who received the monthly child tax credit payments may not realize they need to file to get the rest of the money they are eligible for. Even if you got advance payments, you have to file a tax return to get your remaining tax credit.

Resolve Your Tax Bills

If you’ve found yourself in a nasty mess with the IRS, take a deep breath. For taxpayers who may have difficulty paying off an excessive amount of tax debt, there’s a new and improved relief program that consolidates many major relief programs into a one-size-fits-all assistance program. Any issues regarding back taxes, unfiled years, or any other tax-related problems may be solved through one program; the IRS Fresh Start Program!

See If You Qualify For The Fresh Start Program Today!

Resolve your tax debt before the IRS surprises you with late fees and penalties!

1. Answer a few questions
2. Qualify and be presented with a resolution – click here
3. Enroll in Fresh Start

You can click here or call us at 888-665-4416 to be connected with a verified partner of IRS Fresh Start Initiative