IRS News Release: Advance Child Tax Credit Eligibility Tool (IRC §7527A)

June 24, 2021, 5:00 AM

Online tool designed to help families check their eligibility for the advance monthly payments of Child Tax Credits under the American Rescue Plan, the IRS announced. The new Child Tax Credit Eligibility Assistant allows families to answer a series of questions to quickly determine whether they qualify for the advance credit, the IRS stated. Though anyone can use the tool, it may be particularly useful to families who don’t normally file a federal tax return and have not yet filed either a 2019 or 2020 tax return, the IRS stated. Another tool, the Child Tax Credit Update Portal allows families ...

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