Residents of Puerto are not eligible to receive advance payments for the 2021 Child Tax Credit, but may be eligible to claim the Child Tax Credit for qualifying children when they file their 2021 tax return.
The maximum Child Tax Credit amount for 2021 has increased from $2,000 to $3,000 for children who are ages 6 through 17 ($3,600 for children ages 5 and under) at the end of 2021. The increased credit may be claimed even if you don’t have earnings or pay U.S. social security taxes. The requirement to have 3 qualifying children was removed starting in 2021, and you need only one qualifying child to claim the Child Tax Credit on:
- Form 1040-PR
- Form 1040-SS
- Other 1040 series form filed with the IRS for 2021.
Additional Information:
IRS: Child Tax Credit and Advance Child Tax Credit Payments - Topic I - U.S. Territory Residents