Episode description
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: https://walletwin.com/what-to-do-with-a-windfall/
🧮 Child Tax Credit Calculator: https://abcnews.go.com/US/2021-child-tax-credit-calculator-receive/story?id=78485656
💻 IRS Portal for Updating Your Info and Opting Out: https://www.irs.gov/credits-deductions/child-tax-credit-update-portal