[Oasfaa] AskRegs Knowledgebase Answers: What Should We Do When the 2020 AGI Is $1 on a 2022-23 FAFSA Due to Advance Child Tax Credit Payments?

[Boyd, Lori]

AskRegs Knowledgebase Answers: What Should We Do When the 2020 AGI Is $1 on a 2022-23 FAFSA Due to Advance Child Tax Credit Payments?<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDMxNTY1OCZwPTEmdT0xMDA3MDA3NjE0JmxpPTkwOTQwMDI3%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C92b74d27596c4ca1c2e308d9a8380e03%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637725781717768180%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C2000&sdata=aEiSvQI96bg1%2FDpwJeMTiTGdJWGRIAikt0XN5oXVI5k%3D&reserved=0> [Login Required]

Under the American Rescue Plan (ARP), advance Child Tax Credit payments began being paid to eligible individuals beginning in July 2021. The recipient's eligibility is based on 2019 and 2020 income reported on tax returns. For those who were not required to file a 2019 or 2020 tax return, the Internal Revenue Service (IRS) developed a new Child Tax Credit Non-filer Sign-up Tool to determine eligibility for the credit. View the full answer to this question<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDMxNTY1OCZwPTEmdT0xMDA3MDA3NjE0JmxpPTkwOTQwMDMx%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C92b74d27596c4ca1c2e308d9a8380e03%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637725781717773174%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C2000&sdata=ZQyVNyTw8Zx2XHDGrpVCvkoTz%2BljQCGGeESmy5oC7ck%3D&reserved=0> to learn more.


Time to file the 2022-2023 FAFSA! Application open now at fafsa.gov<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fstudentaid.gov%2Fh%2Fapply-for-aid%2Ffafsa%2F&data=04%7C01%7Clori.boyd%40okstate.edu%7Cf6b926163caa4c7cbca908d984e794f2%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637686952452523710%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=Btaw7dt4t2h5j3mgXAd8BFEkiOEYilP%2BNPu9T7VW%2FLw%3D&reserved=0>!


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LORI BOYD
ASSISTANT DIRECTOR OF
FISCAL OPERATIONS

Office of Scholarships and Financial Aid
405.744.8730 * 119 Student Union * finaid.okstate.edu<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2Fscholarships-financial-aid%2Findex.html&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918217346&sdata=BwzGz5gMsxJvdRDVhin%2BcD78kNgHFZrYqLK4pdlTeTw%3D&reserved=0>
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