Child Tax Credit: Advance Payments and Filing Requirements
By IRS Family Credits Office | 5 min read
Maximize Child Tax Credit benefits with IRS guidance. Credit amounts, eligibility requirements, and filing rules.
The Child Tax Credit provides up to $2,000 per qualifying child. Key features: Credit phases out at higher incomes, Up to $1,600 is refundable, Advance payments available (but ended for 2024), Must file tax return to claim credit even if no tax owed. Qualifying children must be under 17, claimed as dependents, and meet relationship, age, residency tests. Use IRS Interactive Tax Assistant to verify eligibility.\n\n**Related Resources**\n- [Financial Planning Tools](/tools)\n- [Budget Calculator](/budget-planner)\n- [Credit Guide](/category/Debt%20%26%20Credit)\n- [Money Saving Tips](/category/Save%20Money)