The White House and the United States Treasury Department have worked with Code for America to launch a new online website through which Americans can apply for the extension children’s tax credit system.
GetCTC.org was created because of the U.S. government’s intention to provide those who are not legally required to file taxes the option to request a monthly payment of up to $ 300 per child.
“Our research really shows that the simpler you make the process, the more likely people are to do it successfully,” he said. David Newville, senior director of Code for America’s tax benefit program.
What can the child tax credit update portal be used for?
The new portal also allows users to change home information, turn off advance monthly checks, and monitor processed payments.
Although features are currently limited, later in September users will be able to update personal information such as age, marital status or income or any other changes that occurred in 2021.
In the event that you have earned a higher or lower salary this year, you will need to update the IRS so that you can receive the correct amount of the child tax credit.
How can you turn off monthly advance checks?
Several people are willing to turn off advance monthly checks and receive the rest of children’s tax credit next year after filling out the 2021 tax return.
To do so, you must unsubscribe at least three days before the first Thursday of the month in which you do not wish to participate. Therefore, the next deadline for those interested is October 4 at 21:00 PT or 00:00 ET.
To unsubscribe, you must visit the file Portal for updating children’s tax credits and choose the “Manage prepayments” option. Then sign in with your IRS user account or ID.me and the option to turn off payments will appear.