October Child Tax Credit Date

October’s child tax credit advanced payment is right around the corner. Those that qualify for the advanced payments and didn’t unenroll themselves from receiving them will get a portion of their CTC.

As with the other months, the Internal Revenue Service will deposit and send the checks on the 15th of the month. Depending on the age of your children, you’ll receive $250 or $300. For every child under age 6, you get the higher amount and less for every child above. 

What if I had a child after the advanced payments?

If you had a child after the IRS announced the advanced payments and you’re yet to file a federal income tax return, you need to enroll for the payments manually. Luckily, the Internal Revenue Service already set up a tool for this before the advanced payments were rolled out. You can enroll yourself for the advanced payments now that you qualify for the child tax credit.

Take note that there are eligibility requirements for the child tax credit than just having children. It’s best to take a look at the 2024 child tax credit age requirement changes, especially now that the amount is increased.