Ask Terry Questions Child Tax Credit Payment

Child Tax Credit Payment

By Terry Savage on May 21, 2021 | Wild Card

Terry: My husband and I are guardians for our 3 dependent adult children, ages 3, 20, and 22, respectively. Is it safe to assume that we will NOT be receiving the child tax credit payments beginning in July?

Terry Says

If you declare them as dependents on your tax return, and if your joint income is under $150,000, you should receive the Child Tax Credit.

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