Advance Child Tax Credit Opt-Out Portal is here!

Sharing is Caring!

by JC1812

Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit starting in the summer of 2021.

Half the total credit amount will be paid in advance monthly payments and you will claim the other half when you file your 2021 income tax return. We’ll issue the first advance payment on July 15, 2021. For a full schedule of payments, see When will the IRS begin issuing the advance Child tax Credit.

See also  This is why every parent should be reviewing their child’s work every day....
See also  Time To Buy Gold As A Hedge Against “Extreme Financial Deleveraging” Credit Suisse Says

You can also use this tool for:

View your eligibility

View your advance payments

Unenroll from getting advance payments

Link: www.irs.gov/credits-deductions/child-tax-credit-update-portal

590 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.