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IRS launches new online tool to help families register for monthly child tax credit – Florence, South Carolina

Florence, South Carolina 2021-06-16 11:17:11 –

Myrtle Beach (WBTW) – IRS New online tool To help low-income families register for a monthly child tax credit.

This tool provides the IRS with the basic information that qualified people who do not have enough income to file income tax returns need to know and issue basic information such as names, addresses, and social security numbers. Provides a free and easy way for you. Prepaid child tax deduction.

This tool is an update to last year’s IRS Non-filers tool and is designed to allow eligible individuals who normally do not file income tax returns to enroll in a $ 1,400 third-round stimulus check.

People can also claim recovery rebate credits for any amount in the first two rounds of payment of financial impact they may have missed.

Often, these are individuals and families with little or no income, including those who are experiencing homelessness and other poorly serviced groups. This new tool is only available on the IRS.gov.

Family claiming 2021 child tax credit At the end of 2021, you will receive up to $ 3,000 per eligible child between the ages of 6 and 17. At the end of 2021, you will receive $ 3,600 per child under the age of six.

The official dates for monthly payments are July 15, August 13, September 15, October 15, November 15, and December 15.

“We have been working hard to start offering monthly pre-child tax credits to millions of families with children in July,” said IRS Commissioner Chuck Letchig.

“This new tool not only makes this important credit easily accessible to more people, but also helps those who normally do not file tax returns receive payments for financial impact. We encourage you to review the details of these new initiatives. “

The· Sign-up tools other than filers For those who did not file their tax returns in 2019 or 2020 and did not register for Economic Impact Payments using the IRS Non-filers tool last year. With this tool, you need to know about yourself, eligible children under the age of 17, other dependents, and direct deposit banking information so that the IRS can quickly and easily deposit payments directly into a check or savings account. Information can be provided.

Most families don’t have to do anything

Eligible families who have already filed or plan to file a 2019 or 2020 income tax return should not use this tool. When the IRS processes your 2019 or 2020 tax return, that information will be used to determine eligibility and issue a prepayment. Families wishing to claim other tax incentives, such as earned income tax credits for low- and middle-income families, should not use this tool and instead file regular tax returns. For them, the fastest and easiest way to submit a return is Free files Only available on the system, IRS.gov.

Public-private partnerships play an important role

Intuit has developed a non-filer sign-up tool for the IRS and is providing this tool through participation in the Free File Alliance. Intuit has a long history of working closely with the IRS on innovative solutions, including last year’s Non.-Filer: A tool to enter payment information here. In addition, Intuit has been offering Free File Fillable Forms through the Free File Alliance for many years. This is an electronic version of the IRS paper form, giving all taxpayers the option to submit it electronically for free. There are no income restrictions for filing a tax return for 2020 using this option.

Watch out for fraud

The IRS encourages everyone to be aware of fraud related to both advance child tax credit payments and financial impact payments. The IRS emphasizes that the only way to get one of these benefits is to file a tax return with the IRS or register online via the IRS.gov dedicated non-filer sign-up tool. did. The other option is fraud.

Beware of scams using text related to email, phone, or payment. Caution and Caution: The IRS does not send unilateral electronic communications asking you to open attachments or visit non-governmental websites.

“We have been working hard to start offering monthly pre-child tax credits to millions of families with children in July,” said IRS Commissioner Chuck Letchig.

“This new tool not only makes this important credit easily accessible to more people, but also helps those who normally do not file tax returns receive payments for financial impact. We encourage you to review the details of these new initiatives. “

IRS launches new online tool to help families register for monthly child tax credit Source link IRS launches new online tool to help families register for monthly child tax credit

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