Deadline to opt-out of this months’s advance child tax credit nearing
ROCHESTER, N.Y. (WHEC) — A deadline is coming up for parents who are receiving the new advance monthly child tax credit.
Those who are currently getting the monthly payment have until 11:59 p.m. on Monday, Aug. 30, to opt-out and get the money at tax time instead.
Otherwise, they will get the next payment on Sept. 15 or shortly thereafter.
Opting-out can be done at the child tax credit update portal on the IRS website.