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News EssentialsThe Newsroom TopicsIRS Resources | Issue Number: IR-2021-188Inside This IssueIRS: Families now receiving September Child Tax Credit payments WASHINGTON — The Internal Revenue Service and the Treasury Department announced today that millions of American families are now receiving their advance Child Tax Credit (CTC) payment for the month of September. This third batch of advance monthly payments, totaling about $15 billion, is reaching about 35 million families today across the country. The majority of payments will be issued by direct deposit. Under the American Rescue Plan, most eligible families received payments dated July 15 and Aug. 13, along with today's Sept. 15 payment. Future payments are scheduled for Oct. 15, Nov. 15 and Dec. 15. For these families, each payment is up to $300 per month for each child under age 6 and up to $250 per month for each child ages 6 through 17. Here are further details on these payments:
Still time to sign up; additional details It's not too late for families who haven't filed a 2020 income tax return—including those who are not normally required to file because their incomes are too low—to sign up for advance CTC payments. Most low-income families can get these monthly payments. The IRS urges families who normally aren't required to file a tax return to explore the tools available on IRS.gov. These tools can help determine their eligibility or help them file a simplified tax return to sign up for these payments, as well as to be considered automatically for the third round of Economic Impact Payments of up to $1,400 per person and to claim the Recovery Rebate Credit covering any of the first two rounds of Economic Impact Payments they may have missed. The IRS encourages partners and community groups to share information and use available online tools and toolkits to help non-filers, low-income families and other underserved groups sign up to receive these benefits. Families can stop payments anytime, even after payments begin. They can do that by using the unenroll feature in the Child Tax Credit Update Portal. Eligible families who make this choice will still receive the rest of their Child Tax Credit as a lump sum when they file their 2021 federal income tax return next year. To stop all payments starting in October and for the rest of 2021, they must unenroll by 11:59 p.m. ET on Oct. 4, 2021. For married couples, each spouse must unenroll separately. If they each choose to unenroll, they will receive no monthly payments. If only one spouse unenrolls, they will still receive monthly payments, but they will be half the normal amount. The unenroll feature can also be helpful to any family that no longer qualifies for the CTC or believes they will not qualify when they file their 2021 return in 2022. This could happen if, for example, someone else, such as an ex-spouse or another family member, qualifies to claim their child or children as dependents in 2021. At the same time, IRS also reminded eligible families who are not getting these payments, especially those who receive little or no income, that the IRS Non-filer Sign-up Tool remains available to use until Oct. 15. Links to these tools, a step-by-step guide to using the Non-filer Sign-up Tool, answers to frequently asked questions and other helpful resources are available on the IRS's special advance CTC 2021 page. Thank you for subscribing to the IRS Newswire, an IRS e-mail service. If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe. This message was distributed automatically from the mailing list IRS Newswire. Please Do Not Reply To This Message. |
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