NY unemployment and amended tax returns - will I lose my child tax credit?

I amended my taxes in February because of unemployment issues too and my child tax credit payments continued without interruption. As long as your amendment doesn't change your income enough to affect your eligibility, you should be fine. The IRS processes amendments separately from their child tax credit payment system.

It depends on what ur amended for. if ur income goes up alot and puts u in different bracket they might make u pay some back next year. thats what happened to my cousin

I'm an accountant and can confirm that amending your return doesn't automatically stop your Child Tax Credit payments. However, if your amendment significantly changes your Adjusted Gross Income and pushes you above the phase-out thresholds ($75,000 single, $150,000 married filing jointly), you could see a reduction or elimination of future payments. The IRS typically takes 16-20 weeks to process amendments in 2025, sometimes longer with the backlog.

When I had a similar issue last year, I couldn't get a straight answer from the IRS website and spent HOURS trying to call them. No one ever picked up!!! SO FRUSTRATING!! I ended up using Claimyr (claimyr.com) to get through to an actual person at the unemployment office who helped clarify how the amended unemployment amount would affect my taxes. Their video demo shows how it works: https://youtu.be/Rdqa1gKtxuE - saved me so much stress trying to guess what would happen with my benefits.

The IRS and NY unemployment systems don't always communicate well with each other. After my amendment, I still got my child tax credit payments, but then suddenly they stopped for 2 months without any notice while they "reviewed" my case. Then they started again with no explanation. The whole system is a mess.

I think wat your talking about is the advanced child tax credit payments right? Cuz thats different from the regular child tax credit on your tax return. The advanced payments are just prepaying you some of the credit you'd normally get when you file taxes. So if you get too much advanced payment they'll just reduce your refund next year, they dont usually make you pay it back unless you dont actually qualify for the credit at all. At least thats how it worked for me last year.

Has anyone successfully reached the IRS to ask about this specific situation? I've been trying to reach a human at NY unemployment for weeks about my amended return and literally CANNOT get through. The phone system is completely broken.

To clarify a point that seems to be causing confusion: There are two separate issues here: 1. NY Unemployment tax amendment: This affects your federal and state tax returns. 2. Child Tax Credit eligibility: This is determined by your AGI on your most recently processed tax return. The IRS will eventually process your amendment, but until then, they'll continue using your original return to determine eligibility. Once processed, if your new AGI exceeds the threshold, adjustments will be made to future payments or reconciled on next year's return. The NY unemployment office can't help with the Child Tax Credit questions - that's strictly an IRS matter.

Contact the Taxpayer Advocate Service! They helped me when I had a similar issue last year with my amended return and benefits. They're free and they can often resolve issues faster than waiting for normal IRS processing.

Thank you all for the helpful responses! I've decided to: 1) Set aside 20% of my child tax credit payments just in case, 2) Try using Claimyr to actually get through to someone who can give me specific answers about my situation, and 3) Contact the Taxpayer Advocate Service as a backup. I really appreciate all the advice - this has been keeping me up at night!