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Here’s how a Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments
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Here’s how a Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments

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Here’s how a Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments

This article was published by the IRS. Parents who share custody of their children should be aware of how the advance child tax credit payments are distributed. It is important to remember that these are advance payments of a tax credit that taxpayers expect to claim on their 2021 tax return. Understanding how the payments work [...]