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km02008
Level 1
Dec 8, 2021 5:30 PM UTC
Question

Payment protector

What is a payment protector?

    2 replies

    Anonymous_
    Level 15
    Dec 8, 2021 5:34 PM UTC

    To what, exactly, are you referring?

     

    Typically, this refers to some form of loan insurance.

    Critter-3
    Critter-3
    Level 15
    Dec 8, 2021 10:36 PM UTC

    Are you talking about the payment protection aspect of the advance CTC ... see the info here: 

     

    https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-topic-h-reconciling-your-advance-child-tax-credit-payments-on-your-2021-tax-return

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