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The IRS has added the ability to change banking information to its portal for the advance Child Tax Credit. According to a news release from the IRS, any updates by August 2 will apply to the August payment. The deadline for updates for the July 15 payment was June 28.
The IRS has created a portal for parents to update their information for the advance Child Tax Credit. At this point, the portal only allows parents to check on their eligibility, view their upcoming payments, or to unenroll from receiving advance payments.