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Author Topic: Enhanced Child Tax Credit  (Read 8471 times)

Offline Fish Tank

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Re: Enhanced Child Tax Credit
« Reply #20 on: July 12, 2021, 04:41:55 PM »
Is there a portal set up for this one? Filed 2020 but I have a kid born in 2021.
IRS expects to have it ready by July 1st.

Is there a new date for when the portal will be ready?

Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #21 on: July 12, 2021, 04:43:40 PM »
Is there a new date for when the portal will be ready?
It is

Offline joe1234

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Re: Enhanced Child Tax Credit
« Reply #22 on: July 12, 2021, 06:11:45 PM »
Is it possible to add a dependent through the portal?

Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #23 on: July 12, 2021, 06:19:53 PM »
Is it possible to add a dependent through the portal?
Only if you're a non-filer.

Offline dovy2

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Re: Enhanced Child Tax Credit
« Reply #24 on: July 12, 2021, 07:38:35 PM »
Use this portal
https://www.irs.gov/credits-deductions/child-tax-credit-update-portal

Eta- that just works for changing bank info.. they didn't add the add child option yet
« Last Edit: July 12, 2021, 07:56:13 PM by dovy2 »

Offline Fish Tank

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Re: Enhanced Child Tax Credit
« Reply #25 on: July 12, 2021, 11:33:57 PM »
It is
I don't see the option to add a child born in 2021. Do you have a link?

Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #26 on: July 12, 2021, 11:41:25 PM »
I don't see the option to add a child born in 2021. Do you have a link?
They're not offering that as of now. Not clear if they will later on, or if it will only be claimable on the 2021 tax return.

Offline chinagel

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Re: Enhanced Child Tax Credit
« Reply #27 on: July 12, 2021, 11:52:22 PM »
If I didn't file 2020 yet, any chance I get the credit now from '19?

Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #28 on: July 12, 2021, 11:57:48 PM »
If I didn't file 2020 yet, any chance I get the credit now from '19?
Yes.

Offline yesitsme

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Re: Enhanced Child Tax Credit
« Reply #29 on: July 13, 2021, 12:04:48 AM »
Yes.
But will be returned if you don't qualify based on 2021
If you are getting money and donít qualify, you need to opt out of it

Offline shulem92

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Re: Enhanced Child Tax Credit
« Reply #30 on: July 13, 2021, 12:09:35 AM »
is this tax credit for every kid automatically? or do you have to send your kids to a legal day care? or am i mixing up 2 parts of the bill?

Offline cgr

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Re: Enhanced Child Tax Credit
« Reply #31 on: July 13, 2021, 12:12:28 AM »
is this tax credit for every kid automatically? or do you have to send your kids to a legal day care? or am i mixing up 2 parts of the bill?
Two different things.
This is automatic for all children under 18.

Offline chinagel

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Re: Enhanced Child Tax Credit
« Reply #32 on: July 13, 2021, 12:24:19 AM »
But will be returned if you don't qualify based on 2021
If you are getting money and donít qualify, you need to opt out of it
0 apr loan? :)
Eitherway, I wish I didn't qualify... 150k a year would be nice.

Offline yesitsme

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Re: Enhanced Child Tax Credit
« Reply #33 on: July 13, 2021, 12:36:48 AM »
0 apr loan? :)
Eitherway, I wish I didn't qualify... 150k a year would be nice.
Finances@RSK.org
["-"]

Offline chinagel

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Re: Enhanced Child Tax Credit
« Reply #34 on: July 13, 2021, 12:59:11 AM »

Offline EliJelly

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Re: Enhanced Child Tax Credit
« Reply #35 on: July 13, 2021, 01:04:38 AM »
How come the IRS got their math off with $50? Unless they have my 5yr old as a 6 yr old.

Offline Jack out of the box

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Re: Enhanced Child Tax Credit
« Reply #36 on: July 13, 2021, 02:53:03 AM »
0 apr loan? :)
You may have to pay interest and penalty on that if at the end of the day you owe money for 2021.

Offline Jack out of the box

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Re: Enhanced Child Tax Credit
« Reply #37 on: July 13, 2021, 02:53:25 AM »
How come the IRS got their math off with $50? Unless they have my 5yr old as a 6 yr old.
How old is the child at the end of 2021?

Offline EliJelly

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Re: Enhanced Child Tax Credit
« Reply #38 on: July 13, 2021, 09:31:34 AM »
How old is the child at the end of 2021?
5

Offline yosefsv

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Re: Enhanced Child Tax Credit
« Reply #39 on: July 13, 2021, 02:41:23 PM »
How come the IRS got their math off with $50? Unless they have my 5yr old as a 6 yr old.
Exact same issue with me. The IRS got their math off with $50, Unless they have my 5yr old as a 6 yr old.
If it benefits even just one fellow DDFer, its worth posting it.