Why Did I Not Get My August Child Tax Credit?

If you didn’t get your child tax credit in August, don’t worry! The IRS is still processing returns and issuing refunds. Check the status of your refund using the Where’s My Refund? tool on IRS.gov.

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You Didn’t Have a Qualifying Child

To get the child tax credit, you must have a qualifying child.

A qualifying child for the child tax credit:

– Must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them (for example, your grandchild, niece or nephew),
– Must have lived with you for more than half of the tax year , and
– Must be younger than you (or your spouse if filing jointly) , and
– Must not provide more than half of their own support for the tax year .

In most cases, a qualifying child must also be a U.S. citizen or resident alien. However, there are several exceptions to this rule. For example, a qualifying child can be a nonresident alien if they meet either the substantial presence test or the closer tie test.

To get the child tax credit, you must have a qualifying child for the tax year.

The child must be younger than you (or your spouse if filing jointly) and younger than age 17 at the end of the tax year, must have lived with you for more than half of the tax year,

You (or your spouse if filing jointly) must have provided more than half of the child’s support for the tax year,

The child must not have provided more than half of his or her own support for the tax year,

The child must be a U.S. citizen, a U.S. national, or a resident alien of the United States or Canada or Mexico for some part of each of the qualifying periods: last day of the tax year (December 31), the entire preceding calendar year (January 1-December 31), or any part of four preceding calendar years ending on December 31

To get the additional child tax credit, your qualifying child must also meet all these requirements.

You Didn’t Have Enough Earned Income

To get the child tax credit, you must have earned income from a job or running your own business. You can’t have earned income from investments, bonds, or other unearned income sources.

If you didn’t work enough hours or didn’t earn enough money from your job in the tax year for which you’re claiming the credit, you won’t qualify for the credit. For example, if you only worked part of the year or took a lower paying job, you might not have enough earned income to qualify.

The credit is based in part on your earned income for the year.

If you did not receive your August Child Tax Credit, it may be because you didn’t have enough earned income for the year. The credit is based in part on your earned income for the year. If you had little or no earned income, you may not be eligible for the credit.

Your Income Was Too High

If your income was too high in the previous tax year, you will not be eligible for the child tax credit. The credit is gradually phased out for taxpayers with incomes above certain thresholds. For example, for tax year 2018, the credit begins tophase out for taxpayers with adjusted gross incomes of $200,000 ($400,000 for married couples filing jointly).

If your income was more than the maximum amount allowed for the tax year, you can’t take the credit.

If your income for the tax year was more than the maximum amount allowed for the tax year, you can’t take the credit. For example, the maximum amount allowed for 2020 is $75,000 if you’re single or $112,500 if you’re married and filing a joint return.

You Claimed the Wrong Amount of Dependents

If you claimed the wrong number of dependents on your taxes, you may not have received the full Child Tax Credit. The credit is based on the number of qualifying children you have, so if you claimed fewer than you actually have, your credit will be lower than it should be.

The best way to fix this is to file an amended return using Form 1040X. You’ll need to include a new Schedule 8812 with your amended return, which you can use to calculate the amount of credit you’re entitled to.

If you think you might have claimed the wrong number of dependents but don’t want to go through the hassle of filing an amended return, there’s good news: the IRS will automatically recalculate your Child Tax Credit and send you a refund for any additional amount you’re owed.

If you claimed fewer dependents than you’re entitled to, you might not have received the full credit.

One reason you might not have received the full child tax credit is if you claimed fewer dependents on your taxes than you were actually entitled to. For every dependent you can claim, you can receive a certain amount of money back from the government. So, if you have three eligible dependents but only claimed two of them on your taxes, you would only receive a partial credit.

Another possibility is that your income was too high to qualify for the credit. The child tax credit is means-tested, meaning that higher-earning households are not eligible to receive the full credit. There are income thresholds for both single filers and married joint filers; if your income exceeds these thresholds, you may not be able to claim the full credit.

It’s also possible that one or more of your dependents did not meet the eligibility requirements for the child tax credit. To claim the credit, a dependent must be under age 17 at the end of the tax year, must have lived with you for more than half of the year, and must be a U.S. citizen or national (or a resident alien). If any of your claimed dependents did not meet all three of these requirements, you would not be able to claim the full credit for them.