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Here’s how to make sure you’re signed up for final $300 child tax credit cash


NOVEMBER’S stimulus payment has come and gone, meaning there’s only one payment left in 2021. 

Parents still have time to receive the last Child Tax Credit payment on December 15.

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There is one more stimulus check payment left in 2021Credit: Getty

It’s important to know that families will be receiving half of the money in monthly payments this year with the rest coming in 2022 after filing taxes.

Parents can unenroll from the remaining advance payments to get them as part of their credit next year.

The reason behind the smaller payments instead of a large lump sum is to bring money to households sooner rather than later. The “advance payments” are used to pay for expenses like food, rent, and daycare.”

However, the advance payments are optional, and not all US families qualify for them. For those whose household situation might change, it could be beneficial to opt-out.

The deadline to opt-out of monthly payments is November 29 at 8:59 p.m. PT [or 11:59 p.m. ET]. Families can use the IRS Child Tax Credit Update Portal between now and then to unenroll.

Once you’re unenrolled, however, you can’t re-enroll at this time. However, the IRS says the option will become available at a later time. 

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For each qualifying child aged 5 and younger, families will receive $1,800 in six payments of $300 per month. For children between the ages of 6 and 17, $1,500 will be distributed in six monthly payments of $250.

Your child’s eligibility depends on their age on December 31, 2021, so a 5-year-old child turning 6 in 2021 will qualify for a maximum of $250 per month. 

Dependents that are 18-years-old can qualify for $500 each and dependents between the ages of 19 and 24 might qualify if they’re in college full-time. 

Read our child tax credit live blog for the very latest news and updates…

However, those payments will be one-time and not monthly. 

Anyone who hasn’t received their payments can register with the IRS.

Families can either use GetCTC.org or the IRS’s website and access the CTC update portal to sign up.

Families can receive the rest of their money when they file for their tax returns in 2022

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Families can receive the rest of their money when they file for their tax returns in 2022Credit: Getty
New $300 ‘stimulus check’ is headed your way in THREE DAYS, make sure you’re enrolled in child tax credits

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