Some Child Tax Credit Payments Delayed or Less Than Expected, IRS Says

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The Internal Revenue Service has said that a “technical problem” is to blame for some people who do not receive the September payment of the child tax credit.

Some 35 million child tax credits worth $ 15 billion were distributed last week, but about 2% of eligible recipients did not receive their payment. The unidentified technical issue that caused the delay has now been resolved and the money is on its way, the IRS said. People who have not received their payment should receive it shortly by direct deposit or in the next few days if they receive their checks in the mail.

The affected group mainly included taxpayers who recently updated their bank account or address on the IRS Child Tax Credit Update Portal and payments made to married taxpayers jointly filing where only one spouse made a change of bank or address.

“We know people depend on receiving these payments on time and we apologize for the delay,” the IRS said.

The expanded child tax credit pays up to $ 300 per child 5 and under and up to $ 300 for children 6 to 17. Payments began in July and will continue through December, with the remaining $ 1,500 or $ 1,800 open to claim when filing taxes in 2021.

Checks are usually distributed on the 15th of the month.

Did you receive a different amount than expected?

The IRS said there are “several reasons” why people may see a different amount than expected. One of them is the case if one of the spouses has changed address or bank account and the other person has not, which means that half of the other spouse could be return to an old address or an old bank account. In these cases, the full payment will still be distributed, according to the tax agency.

Monthly payment amounts may also change based on recently processed tax returns.

Some families, however, will see higher payments this month. Families who did not receive a payment in July or August and who receive their first monthly payment in September will receive their full down payment for the year, but it will be spread over four months instead of six, making each payment larger. . For these families, each payment can go up to $ 450 per month for each child under 6 and up to $ 375 per month for each child aged 6 to 17.


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