IRS November payment opt-out passes before ‘$300 stimulus check’ sent out this month

AMERICANS who wanted to opt-out of child tax credit money needed to do so by November 1. Parents who did not opt-out of the deadline will receive November payments when they are issued on the 15th. Once you opt out of the child tax credit, you cannot opt back in. However, the IRS said it will make the option available at a later time. If you are concerned about having to repay the IRS, it could make sense to unenroll, as the adjusted gross income limit to receive the child tax credit payments in full is $75,000 for single filers… Read Full Article