“You must give EVERY PENNY” of the advance child tax credit payments back when you file your 2021 taxes.”
Social media posts
Claim dated 15 Jul 2021.
PolitiFact rated thisMostly False
What PolitiFact found
The only way a family will have to pay back the money received in the advanced payments is if the household actually qualifies for a smaller 2021 child tax credit than what the IRS estimated when distributing the payment
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 15 July 2021. PolitiFact (United States) looked into it and published its finding on 21 July 2021, 6 days later. Its rating was “Mostly False”.
Where the claim appeared
- Saved copy of the posthttps://web.archive.org/web/20210715160236/https://twitter.com/spankyNspronkle/status/141…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.