Ask Terry Questions Child tax credit for infant

Child tax credit for infant

By Terry Savage on July 18, 2021 | Wild Card

My son and daughter-in-law just had a baby last month. Can they apply for a child tax credit now or do they have to file next year?

Terry Says

They will get the credit on their 2021 taxes when they file next year, assuming they meet the income criteria of under $150,000 on a joint return.

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