From CNBC: Why some families may want to opt out of the child tax credit payments starting in July

Come July 15, millions of American families will start receiving payments through the enhanced child tax credit that may amount to hundreds of dollars each month through the end of 2021. Yet some families eligible for the payments may decide that rather than receive the money now, they’d prefer to wait and claim the entire tax credit when they file their 2021 taxes next year.

Read the entire article by Carmen Reinicke here: Why you may want to opt out of the monthly child tax credit payments (cnbc.com)