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2. Here's how to opt out of the Child Tax Credit payments - AOL

   www.aol.com/finance/heres-opt-child-tax-credit...

   Parents and children celebrate new monthly Child Tax Credit payments and urge congress to make them permanent outside Senator Schumer's home on July 12, 2021 in Brooklyn, New York.

3. IRS unveils tool to opt out of monthly Child Tax Credit ...

   www.aol.com/finance/irs-unveils-tool-opt-monthly...

   Families can use "The Child Tax Credit Update Portal" to unenroll from the monthly payments and instead receive the full credit after they file their 2021 tax return. The IRS plans to update the ...

4. TurboTax Answers: Who Should Opt Out of the Monthly Child Tax ...

   www.aol.com/turbotax-answers-opt-monthly-child...

   The Child Tax Credit (CTC) is a tax credit available to parents with qualifying children that can either increase your tax refund or lower a tax bill. For the 2021 tax year, the total Child Tax ...

5. Why you may want to opt out of the monthly Child Tax Credit ...

   www.aol.com/finance/why-may-want-opt-monthly...

   But if you typically owe taxes to Uncle Sam and use the CTC to offset what you owe, getting half of your 2021 credit as advance payments may mean a bigger tax bill in April 2022. “The child tax ...

6. You May Want to Opt Out of Monthly Child Tax Credit ... - AOL

   www.aol.com/may-want-opt-monthly-child-210033207...

   The IRS announced last month that the enhanced Child Tax Credit will take the form of monthly payments to parents, which will start in July, but some parents might want to opt out of it.. See ...

7. Child tax credit (United States) - Wikipedia

   en.wikipedia.org/wiki/Child_tax_credit_(United...

   e. The United States federal child tax credit (CTC) is a partially-refundable [a] tax credit for parents with dependent children. It provides $2,000 in tax relief per qualifying child, with up to $1,400 of that refundable (subject to a refundability threshold, phase-in and phase-out [b] ). In 2021, following the passage of the American Rescue ...