Darrcie Inman CPA, PLLC

Be sure to compare your letter to your bank account or login to your IRS account to confirm. I have already seen an incorrect letter for the third stimulus payment, too!

IRS warns some taxpayers may have received incorrect Child Tax Credit letter The issue could create tax refund delays for parents if they rely on faulty information to complete their tax returns.

The first monthly Advanced Child Tax Credit comes out today. If you believe you are eligible watch your bank accounts for payments and your mail for a letter. Here is a really good article explaining the credit and options on how to update your information with the IRS or opt out of the monthly payments. If you would like advice on your particular tax situation and whether or not you should opt out, please make an appointment with me for a phone consultation or send me an email.

Too late to unenroll from the child tax credit? The 411 on opting out of monthly payments You probably got a child tax credit payment today if you didn't opt out. We'll explain why you may want to unenroll before the August payment.