Hi, lacroz!
You are correct - you should update your information so that you don't continue to receive payments for your daughter. The amounts are reconciled on the 2021 return and you would show an overpayment of Advanced Child Tax Credit which you would have to pay back. You can make these changes here: Child Tax Credit Update Portal . In the coming months you can also update your income information in this portal so that the payments will more closely reflect your expected income for 2021.
We also have a calculator which you can use to estimate your income and expected credit amounts. You can find it here:
Child Tax Credit Calculator and Top 7 Requirements
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