The IRS has launched the Child Tax Credit Update Portal that allows any family receiving monthly Child Tax Credit payments to update their mailing address. This feature will help any family that chooses to receive their payment by paper check avoid mailing delays or even having a check returned as undeliverable.
To have the change take effect in September, individuals need to complete the request before midnight on Monday, Aug. 30. Families can still make changes after that date, but their request will not be effective until the next scheduled monthly payment, according to the IRS.
The IRS also announced that, later this year, families will also be able to use the portal to:
- add or remove children (in most situations);
- report a change in marital status; or
- report a significant change in income.
Additionally, a new webpage provides up-to-date information about the Child Tax Credit and the advance payments.