Home

Opting out of the monthly advance child tax credit

 
Post new topic   Reply to topic    Forum -> Household Management -> Finances


View latest: 24h 48h 72h


amother




OP
 

Post Thu, Aug 26 2021, 9:44 am
I'd like to opt out of getting the monthly IRS payments that are an advance on 2021 tax refunds. I went to the IRS website and it looks like you can opt it, but it's a convoluted process. I wonder if it even works, or if it takes months for the request to be processed and the payments to be stopped.

Has anybody here done this, and did it work as you would have expected it to?

Thanks.
Back to top

amother




Firebrick
 

Post Thu, Aug 26 2021, 10:09 am
Process is a multi step - you need to set up an IRS account and go through the steps to opt out. I already had an account so it was pretty easy for me until I got to the final screen. Once you get to the opt out screen, it notifies you that if you filed a joint return last year, the other person on the return also needs to opt out. That’s when I stopped because I knew it would take a while for my husband to create an account (or for me to go through the steps to create one for him).
Back to top
Recent Topics

Page 1 of 1 View latest: 24h 48h 72h


Post new topic   Reply to topic    Forum -> Household Management -> Finances

Related Topics Replies Last Post
Who should get credit?
by amother
6 Today at 7:10 am View last post
Pandas success stories? Is your child free or symptoms now?
by amother
12 Today at 1:53 am View last post
If you bought your child a ‘scotch’ coat
by amother
83 Yesterday at 6:08 pm View last post
How much do you pay for your car lease monthly
by amother
35 Yesterday at 5:30 pm View last post
If your child has a runny nose....
by amother
10 Yesterday at 12:57 pm View last post