Opt-Out Of The Monthly Child Tax Credit Payments? Some Parents Are.
Soon, the IRS will launch an online tool that allows families to opt-out of the monthly child tax credit payments.
The IRS is expected to start issuing the enhanced child tax credit payments on July 15 and continue on a monthly basis through the end of 2021. While some families may want to receive the money in monthly payments now, others may decide to postpone receiving the additional direct relief until they file their 2021 taxes.
Later in the month, the IRS will launch an online tool that allows families to opt-out of the monthly child tax credit payments.
How our tax codes let the rich get richer: We need better tax laws
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How our tax codes let the rich get richer: We need better tax laws
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