Tax season is right around the corner, and for millions of families claiming the Additional Child Tax Credit (ACTC), one big question is: When will the refund arrive?
The ACTC is a refundable portion of the Child Tax Credit (CTC) designed for families who don’t owe enough in taxes to use the full $2,000 per child credit. If you qualify, you could receive up to $1,700 per child as a refund when you file your 2024 tax return in early 2025.
But before you start planning how to spend that refund, here’s what you need to know about when and how you’ll get paid.
Why Your ACTC Refund Won’t Arrive Right Away
If you’re hoping for a quick refund, you might have to wait a little longer. Thanks to the Protecting Americans from Tax Hikes (PATH) Act, the IRS is legally required to hold refunds for anyone claiming the ACTC or the Earned Income Tax Credit (EITC) until mid-February.
This delay is meant to prevent fraud, but it can be frustrating for families relying on their refunds to cover expenses.
When Can You Expect Your Money?
The IRS has announced that most refunds for ACTC filers will be sent by March 3, 2025, as long as:
- You filed your return electronically
- You selected direct deposit as your payment method
- There were no errors or issues with your return
If you file by mid-January and meet these conditions, you should see your refund hit your bank account by early March. If you file later, expect a longer wait.
Want Your Refund Faster? Do This:
Not all refund delays are due to the IRS. Here’s how to make sure your money gets to you as quickly as possible:
✔ File electronically – Paper returns take much longer to process, often delaying refunds by 8 weeks or more.
✔ Choose direct deposit – This is the fastest way to get your money, avoiding mail delays and lost checks.
✔ Double-check your info – Errors on your tax return can trigger delays or audits, so ensure everything is 100% accurate before filing.
How to Track Your ACTC Refund
Want to check the status of your refund? The IRS updates its “Where’s My Refund?” tool daily. You can also use the IRS2Go mobile app to track when your money is on the way.
Final Thoughts
While it’s frustrating that ACTC refunds won’t be sent right away, knowing what to expect can help you plan ahead. By filing early, using direct deposit, and ensuring accuracy, you can get your money as soon as possible.
Keep an eye on IRS updates, and get ready to receive your refund in early March 2025!
