Updated: July 14, 2021

#103 Should You Opt-Out of the 2021 Child Tax Credit Advance Payments?

The US federal government will start sending out advance payments for the expanded Child Tax Credit this month. Is this a good thing or a bad thing for your family’s finances? Should you opt-out of these payments and instead wait for tax time? All this and more in today’s episode!

Mentioned in This Episode:

💰 WalletWin Podcast Episode 90 What to Do With a Windfall

🧮 Child Tax Credit Calculator

💻 IRS Portal for Updating Your Info and Opting Out