Tag: Child Tax Credit

Three Important IRS And SSA Notifications

The Internal Revenue Service’s new feature allows any family to easily update their mailing address for their Child Tax Credit Payments. Any family can easily have their October check and all future checks sent to their new address by using the Child Tax Credit Update Portal to make an address change request. To have the change take effect in October, people need to complete the request before midnight Eastern Time on Thursday, September 30th. Families can still make changes after that date, b…

6 Things You May Not Know About The Child Tax Credit

Some 36 million American families have received letters from the Internal Revenue Service (IRS) notifying them they are eligible for monthly payments of up to $300 per child by expanding an existing tax credit. These payments, approved as part of the American Rescue Plan, allows families to receive a $3,000 annual benefit ($250 each month) for each child aged 6-17 and $3,600 (or $300 a month) for each child under age 6 for the 2021 tax year. What You May Not Know The payments received in…