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| Issue Number: COVID Tax Tip 2022-165Grandparents and others with eligible dependents shouldn't miss out on the 2021 child tax credit Grandparents, foster parents or people caring for siblings or other relatives should check their eligibility to receive the 2021 child tax credit. People who claim at least one child as their dependent may not realize they could be eligible to benefit from the child tax credit. Eligible taxpayers who received advance child tax credit payments last year should file a 2021 tax return to receive the second half of the credit. Eligible taxpayers who did not receive advance child tax credit payments last year can claim the full credit by filing a 2021 tax return. People should review the eligibility rules to make sure they still qualify for the credit. The Interactive Tax Assistant can help people who aren't sure. Taxpayers who haven't qualified in the past should also check because they may now be able to claim the credit. The only way to receive the credit is to file a 2021 federal tax return. What is the child tax credit expansion? The child tax credit expansion applies to tax year 2021 only. Who qualifies for the child tax credit? To be a qualifying child for the 2021 tax year, the child must fit certain criteria. What are the eligibility factors?
Parents and guardians with higher incomes may be eligible to claim a partial credit. IRS Free File available until November 17 to help more people receive credits Taxpayers who earned more than $73,000 in 2021 and are comfortable preparing their own taxes can use Free File Fillable Forms. This electronic version of paper IRS tax forms is also used to file tax returns online. More information:
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