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Q&A of the Week July 14, 2021

Answer:

The July 15 payment will be deposited in the account that is currently on file with the IRS. If you don't have a bank account on file, you will receive a paper check in the mail. It will take longer for paper checks to arrive, so it is recommended that you add bank account information to receive payments via direct deposit.

Please use this link to update account information: https://www.irs.gov/credits-deductions/child-tax-credit-update-portal.

Be aware of tax scams related to the Child Tax Credit! Do not click on links sent via email, text, or phone! Only use the link above to submit bank information.

For more information about the Child Tax Credit:

https://www.irs.gov/newsroom/irs-families-receiving-monthly-child-tax-credit-payments-can-now-update-their-direct-deposit-information