Information Regarding Advance Child Tax Credit Payments
The Internal Revenue Service has introduced new online tools that allow you to sign up or opt-out of Advance Child Tax Credit Payments. We have complied the following articles to help you learn how you can sign up to receive, or unenroll from receiving, Advance Child Tax Credit Payments.
Online Sign-Up Now Available for Advance Child Tax Credit Payments
The IRS opened an online site that allows taxpayers who are not required to file a 2019 or 2020 individual income tax return to sign up to receive advance child tax credit (advance CTC) payments, which will begin July 15.
Child Tax Credit: New Portal for Opting Out of Advance Payments
A new Internal Revenue Service online portal lets taxpayers unenroll from receiving advance payments of the 2021 child tax credit.
If you should have any questions, please contact our office at (206)243-2336 or email us at office@hawthorne-cpa.com.
** This information is provided for general educational purposes only. Before taking any action based on this information, we strongly encourage you to consult with a professional accounting advisor about your specific situation.