Ask Terry Questions Child care tax credit

Child care tax credit

By Terry Savage on July 24, 2021 | Wild Card

If my husband and I filed our taxes a week before our son was born, will we still be able to get the child care tax credit monthly?

Terry Says

You should go to www.IRS.gov/childtaxcredit and register your child’s Social Security number if you want to get the credit in advance, monthly. Otherwise you can claim it when you file your tax return next April. It is a refundable credit. And that would probably be simpler.

money

ASK TERRY

a personal
finance question