I Have Shared Custody of My Child: Should I Get Monthly Child Tax Credit Payments?

Which parent receives monthly child tax credit payments depends on your most recent tax return. Plus, some parents who are receiving payments should opt-out of them.

picture of judges gavel and a rubber stamp that says "shared parenting"
(Image credit: Getty Images)

Parents who share custody of their children have lots of questions about the monthly child tax credit payments being sent by the IRS from July to December this year. Which parent should be getting the payments? Should the parent who is getting them opt-out of the child tax credit payments? Does the parent who isn't getting payments lose out on the child tax credit? Confusion surrounding these types of issues can add unnecessary frustration for parents trying to figure out how the monthly payments work.

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Rocky Mengle

Rocky Mengle was a Senior Tax Editor for Kiplinger from October 2018 to January 2023 with more than 20 years of experience covering federal and state tax developments. Before coming to Kiplinger, Rocky worked for Wolters Kluwer Tax & Accounting, and Kleinrock Publishing, where he provided breaking news and guidance for CPAs, tax attorneys, and other tax professionals. He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky holds a law degree from the University of Connecticut and a B.A. in History from Salisbury University.