Associated Press

The next-to-last child tax credit payment will start hitting accounts on Nov. 15. And, unless Congress decides to extend the monthly payments, the final installment will come in December.
Typically, the child tax credit provides up to $300 per month for each child under age 6 and up to $250 per month for each child ages 6-17. The remainder of the credits – up to $1,800 – can be claimed when filing 2021 taxes in 2022.
Most people didn’t have to do anything in order to receive the payments, but non-filers will have to go an extra step.
People who didn’t file taxes in 2020 or 2019 and haven’t yet claimed their child tax credit through the non-filers tool could be in line for a larger payment of up to $1,800 as one lump sum. The payment, made in December, would equal up to six months’ credits with the remainder coming when 2022 taxes are filed.
The deadline to opt-in is Nov. 15. The deadline to opt out of the November and December payments is Nov. 11. IRS updates info on tax filings.
The IRS has also updated information for people whose income will be significantly different from that shown on their 2020 tax returns, either higher or lower.
If that’s the case, you can provide an estimate of your 2021 income us- ing the IRS Child Tax Credit Update Portal (CTC UP). The estimate will be used to recalculate your monthly child tax credit for the remainder of the year.
To qualify for the full amount of the child tax credit, single filers can have an adjusted gross income of up to $75,000; head of household filers can have AGI of $112,500; and people married filing jointly can earn up to $150,000.