by Steven J Weil, PhD, EA, LCAM | Dec 23, 2021 | Blog
To help taxpayers reconcile and receive all of the Child Tax Credits to which they are entitled, the IRS will send Letter 6419, 2021 advance CTC, starting late December, 2021 and continuing into January. The letter will include the total amount of advance Child Tax... by Steven J Weil, PhD, EA, LCAM | Jun 23, 2021 | Blog, Personal Tax
Beginning July 15, the IRS will start sending taxpayers that filed 2019 or 2020 returns with qualifying children and advance payment of the Child Tax Credit. The payment will amount to ½ of the Child Tax Credit for 2021. The American Rescue Plan Act increased the...