IRS Launches Online Tool to Register for Monthly Child Tax Credit Payments

IRS Launches Online Tool to Register for Monthly Child Tax Credit Payments

The Treasury Department has announced a new tool to register for the monthly child tax credit created under the American Rescue Plan. This is designed to help families who normally aren’t required to file tax returns.

“At Treasury, our goal is to make sure that every American can get the relief funding they need as simply as possible,” Secretary Janet Yellen said in the announcement. “We know working families can’t put off paying for doctor’s visits or grocery bills, and this new tool will help more people get their tax credit every month, starting in July.”

People who use the “Child Tax Credit Non-filer Sign-up Tool” may enter direct deposit bank information so the IRS can deposit payments. Those who used the IRS’s “Non-filers tool” last year to receive coronavirus stimulus payments do not have to sign up to receive these tax credits. This updated IRS is tool is also meant to help people who normally don’t file tax returns to register for the third round of stimulus payments and to receive Recovery Rebate Credit for any of the first two stimulus payments they may have missed.

The maximum credit in 2021 is $3,600 for children under 6 and $3,000 for children between 6 and 17. Previously, the maximum tax credit was $2,000 per child under 17. The six advance monthly payments will be sent out on July 15, August 13, September 15, October 15, November 15, and December 15.

Who Should Use This Tool

Use this tool to report your qualifying children born before 2021 if you:

  • Are not required to file a 2020 tax return, didn’t file one and don’t plan to; and
  • Have a main home in the United States for more than half of the year.

Also, if you did not get the full amounts of the first and second Economic Impact Payment, you may use this tool if you:

  • Are not required to file a 2020 tax return, didn’t file and don’t plan to, and
  • Want to claim the 2020 Recovery Rebate Credit and get your third Economic Impact Payment.

Do not use this tool if you:

  • Filed or plan to file a 2020 tax return; or
  • Claimed all your dependents on a 2019 tax return, including by reporting their information in 2020 using the Non-Filers: Enter Payment Info Here tool; or
  • Were married at the end of 2020 unless you use the tool with your spouse and include your spouse’s information; or
  • Are a resident of a U.S. territory; or
  • Do not have a main home in the United States for more than half the year and, if you are married, your spouse does not have a main home in the United States for more than half the year; or
  • Do not have a qualifying child who was born before 2021 and had a Social Security number issued before May 17, 2021.

How It Works

  • Use this tool to give us your information.
  • We will automatically determine your eligibility and issue advance payments based on the information you give us.
  • After giving us your information and we determine you’re eligible, you do not need to do anything to receive the advance payments.

What You Need

  • Full name
  • Current mailing address
  • Email address
  • Date of birth
  • Valid Social Security numbers (or other taxpayer IDs) for you and your dependents
  • Bank account number, type and routing number, if you have one
  • Identity Protection Personal Identification Number (IP PIN) you received from the IRS earlier this year, if you have one

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