How much is the Child Tax Credit in 2022?
You can file a tax return now to claim the Child Tax Credit (CTC). The CTC for tax year 2021 is up to $3,600 per child under 6, and $3,000 per child age 6-17.
If you received monthly CTC payments last year you will only get your remaining CTC amount when you file a tax return this year. So, if you have a 2 year old, and you got six months of $300 payments last year, you already received $1,800 of your CTC. When you file in 2022, you will receive the other half—another $1,800.
There are currently no more monthly payments of the CTC during 2022. When you file, you will receive the remaining amount in one payment.