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IRS Opens Address Change Portal for Advance CTC Payments – Did You Know?

August 30, 2021 Tax Advisory, Tax Law Updates
Advance Child Tax Credit portal update, family tax tip, CTC payments information AI TAX CONSULTING PLLC | CPA Firm in Northern Virginia

IRS Opens Address Change Portal for Advance CTC Payments – Did You Know?

The IRS has launched a new address change feature in the Child Tax Credit (CTC) Update Portal, making it easier for families to manage their advance monthly CTC payments.

👉 This tool is especially important for households in Northern Virginia, Fredericksburg, and across the U.S. who receive their advance CTC payments by paper check. If your mailing address is outdated, your check may be delayed or even returned to the IRS.

💳 Families who receive direct deposit payments should also update their mailing address through the portal. The IRS will use the new address to send essential tax documents, including Letter 6419 in January. This letter is required to accurately complete your 2021 federal tax return and claim any remaining Child Tax Credit.

💡 Remember: The advance CTC payments typically cover about 50% of your total credit. You’ll need Letter 6419 to reconcile the rest when you file.

The Child Tax Credit Update Portal also lets you:

  • Switch from paper check to direct deposit

  • Update your bank account information

  • Opt out of advance payments for the remainder of the year

📅 Deadlines matter: Changes submitted by August 30 will apply to the September 15 payment. Changes after that will affect the October 15, November 15, and December 15 payments.

🔗 Access the IRS Child Tax Credit Update Portal here: IRS CTC Update Portal

Author:

Website: https://aitaxconsulting.com

Assel Ibrayeva, CPA, is the founder of AI Tax Consulting PLLC, a licensed CPA firm based in Northern Virginia serving individuals and businesses nationwide. With over a decade of professional experience in accounting and taxation, she provides trusted expertise in individual tax preparation, small business accounting, bookkeeping, tax planning, IRS representation, and international compliance. Her practice is known for handling complex tax situations, including multi-state filings, crypto and digital asset taxation, foreign reporting, and IRS back tax resolution. Assel works closely with small business owners, entrepreneurs, and professionals to deliver practical strategies that reduce tax burdens and ensure compliance. Assel earned her Master of Accountancy from The George Washington University and a Bachelor of Science in Finance from Coastal Carolina University. She is also an Advanced Certified QuickBooks ProAdvisor, helping clients streamline their financial management. Dedicated to providing clear guidance and ethical service, Assel combines technical knowledge with a personalized approach. Her mission is to simplify the tax process and empower clients to make informed financial decisions with confidence.

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