Commonly asked Questions on Child Tax Credit – What You Need To Know

1. What is Child Tax Credit?

The advanced Child Tax Credit is a pre-payment of the Child Tax Credit that is available when you file your federal income taxes.

The Child Tax Credit is a federal tax credit.

Taxpayers who qualify may receive half of their estimated Child Tax Credit amount as monthly prepayment between July and December 2021 and can receive the balance of the credit available when filing their 2021 federal income taxes, beginning in January 2022.

2. How can you claim the Child Tax Credit?

On the 15th of October, families can use a simple, easy-to-use mobile application on their phones that is available in English and Spanish language. They will just submit their information via the portal on the app and it will allow them to directly file a 2020 simplified tax return with IRS and they can claim all eligible advance Child Tax Credits and stimulus payments. After October 15th, only paper applications will be accepted by IRS until next year.

3. How do you qualify for Child Tax Credit?

For more information about how you qualify for the prepayments, how to opt out of receiving prepayments, or how to register to receive prepayments, you can visit the IRS website at

4. Does Colorado have a Child Tax Credit?

It will be available for Colorado residents to claim their 2022 Colorado income tax return when they file beginning in January 2023, since the Colorado Child Tax Credit is a new credit similar to the federal credit.

5. Who can access the Colorado Child Tax Credit?

Children under age six would qualify for the Colorado Child Tax Credit. It will be available to Colorado residents with earnings of $75,000 or less with children under age six as of December 31, 2022, who are eligible for the federal Child Tax Credit.

6. How can parents receive the Child Tax Credit advance, if they are undocumented immigrants?

Regardless of the immigration documentation status of the parents, if a family has at least one qualifying child who is under 18 at the end of 2022 and who has a valid Social Security number, they may receive the advance Child Tax Credit.

For more information on how to qualify for the credit and repayment, how to opt out of receiving payments, or how to register to receive payments, you can visit the IRS website at or get Child Tax Credit website at (English) (Español).