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Published:   |   Last Updated: February 8, 2024

TAS Tax Tip: Advance Child Tax Credit payments: Nov. 29 is last day for families to opt out or make other changes

DEADLINE: Families Can Choose to opt out of Advance Child Tax Credit payments or make other updates and changes by November 29th.

Updating Advance Child Tax Credit Payment

IRS issued a reminder for families collecting advance payments of the Child Tax Credit (CTC) that Nov. 29, is last day for families to opt out or make other changes.

The Child Tax Credit Update Portal (CTC-UP) allows families who are already receiving monthly payments to view those payments as well as use it to update their accounts. Updates can include:

  • Switch from receiving a paper check to direct deposit;
  • Change the account where their payment is direct deposited;
  • Update their mailing address;
  • Stop monthly payments; and
  • Reflect changes in their income that could potentially raise or lower their monthly payments.

Be sure to make any changes by 11:59 p.m. (ET) on Nov. 29. Updates made by then will be reflected in the last monthly payment for 2021, scheduled for December 15, 2021.

The CTC-Up tool is now also available in Spanish.

The best places to find more information about Advance CTC payments are: