Families who get the child tax credit need to read this important update from the IRS

child tax credit

Exactly two weeks from today, the fifth of six child tax credit payments will be going out to families. The forthcoming checks comprise part of the advance payment of one-half of the tax credit, which families will get the rest of in 2022. The payments will also transfer billions of dollars this month from the federal government to recipient bank accounts.

While we wait to learn if the payments get extended as Democrats want, the IRS has shared an important update. This update involves a potential change affecting the November 15 child tax credit payment.

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The post Families who get the child tax credit need to read this important update from the IRS appeared first on BGR.

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Families who get the child tax credit need to read this important update from the IRS originally appeared on BGR.com on Mon, 1 Nov 2021 at 12:34:33 EDT. Please see our terms for use of feeds.



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