According to the IRS, the child tax credit value as well as the age limit have increased for 2021 tax year.

Below are the updates in detail:

  • New Payment amounts based on children age:
    1. For child under the age of 6, the full amount credit is up to $3,600 ($300 per month).
    2. For child between 6 and 17, the full amount credit is up to $3,000 ($250 per month).


  • To qualify for the full credit, taxpayers need a modified adjusted gross income less than:
    1. Married Filing Jointly or qualified Widows is $150,000
    2. Head of household filers is $112,500
    3. Single and Married Filing Separate is $75,000

* For every $1,000 beyond the above-mentioned restrictions, a portion of the eligible credit is lowered (“phased out”) by $50.

Extra Tips for Tax Filing:

To help taxpayers reconcile and receive all the 2021 child tax credits to which they are entitled, the IRS started sending Letter 6419, 2021 advance CTC, in late December 2021 and will continue into January. This letter includes the total amount of advance child tax credit payments taxpayers received in 2021 and the number of qualifying children used to calculate the advance payments.

Please keep this and any other IRS letters about advance child tax credit payments for tax records.


Read IRS Advance Child Tax Credit FAQs.


Please contact us today if you have questions or need assistance handling your USA taxes living in Asia.


Disclaimer: This information has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors or consult us regarding your own personal tax situation as this email was intended to be general in nature