Child Tax Credit payments: IRS Update Portal, August deadline and tips

The IRS’s Child Tax Credit Update Portal allows families to change the bank account where their Child Tax Credit (CTC) payment is deposited, or to stop monthly payments by unenrolling. Families who want to take these steps should do so by Aug. 2 if they want it to apply to the Aug.13 payment. Deadlines for the rest of 2021 are in Topic J of the Advance Child Tax Credit Payment FAQsImportant: For married couples who file jointly, each spouse must unenroll. If only one spouse unenrolls, the couple will still receive half the normal payment. Similarly, if they are changing bank account information, each spouse must make the update so both halves of their payment go to the new account. See the page on for multilingual CTC materials you can share with your clients.