01/02/2022
🚨A few helpful things to
know for this tax season:
Families who received advance payments this year will need to keep an eye out for Letter 6419 from the IRS. It's already being sent out, according to the IRS.
The letter includes the total amount of advance child tax credit payments taxpayers received in 2021.
The IRS says, eligible families who didn't get monthly advance payments in 2021 can still get a lump-sum payment by claiming the child tax credit when they file a 2021 federal income tax return next year.
If you didn't qualify for the third economic impact payment - commonly referred to as a "stimulus check" - or didn't get the full amount, you could be eligible for the Recovery Rebate Credit.
You'll need to file a 2021 tax return, even if you don't usually file, to claim the credit.
The deadline to file your 2021 taxes is April 18, 2022, but the Internal Revenue Service encourages people to file early to avoid processing delays.
Click the link below to sign up to get your taxes prepared by me or one of my partners.
https://linktr.ee/carpenterfinancialconsultants
