New Baby? Does Your Newborn Come With An Advance Child Tax Credit?

New Baby? Does Your Newborn Come With An Advance Child Tax Credit?

Is a child born in 2021 eligible for the advance Child Tax Credit payments set to begin in July?

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A number of Forbes.com readers have some specific questions about Advance Child Tax Credit (CTC) payments, which are set to begin in mid-July. The IRS has some answers.
New Arrival?
Normally, the IRS would use a taxpayer’s 2020 or 2019 tax return to determine CTC eligibility, but what about a…

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