IRS issues warning as next batch of Child Tax Credit Payments are set to go out next month

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IRS: Opt out deadline coming up for child tax credit payments

WASHINGTON, D.C. (BRPROUD) — The IRS is halfway through distributing Child Tax Credit payments this year.

The third batch of payments went out on Sept. 15, but those payments didn’t go out without a hitch.

The next Child Tax Credit payments are scheduled to go out Oct. 15.

Image courtesy of www.irs.gov

With the fourth payment coming next month, the IRS is reminding the public to be on the lookout for criminals.

For those who want to stop getting the Child Tax Credit payments, the next opt-out deadline is Oct. 4.

According to the IRS, “To stop advance payments or if you’re making changes to your bank information with the Child Tax Credit Update Portal, you must unenroll or make changes 3 days before the first Thursday of next month by 11:59 p.m. Eastern Time. You do not need to unenroll each month.”

If you would like to stop receiving Child Tax Credit payments, click here.

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