IRS Revises 2021 Child Tax Credit and Advance Child Tax Credit FAQ’s

IR-2022-108, May 20, 2022

WASHINGTON, DC — The IRS today issued a revised set of frequently asked questions for the 2021 Child Tax Credit. These frequently asked questions (FAQs) are released to the public in Fact Sheet 2022-29 PDF, May 20, 2022.

These FAQ revisions are as follows:

  • Topic A: General Information: Updated questions 1,2,3,4,5,8,9,10,11,13,14,15,16
  • Topic E: Advance Payment Process of the Child Tax Credit: Updated questions 2,3
  • Topic F: Updating Your Child Tax Credit Information During 2021: Removed questions 1,2 and updated 3,4
  • Topic G: Receiving Advance Child Tax Credit Payments: Updated questions 1,6,7,9,10,11
  • Topic H: Reconciling Your Advance Child Tax Credit Payments on Your 2021 Tax Return: Updated questions 1,2,9 and removed 10
  • Topic J: Unenrolling from Advance Payments: Updated question 1 and removed 2,3,4,5,6,7
  • Topic K: Verifying Your Identity to View your Payments2021 Child Tax Credit: Updated 2,3,5,6 and removed 7
  • Topic L: Commonly Asked Shared-Custody Questions: Updated 1 and 2

More information about reliance is available.

IRS-FAQ

 

Contact our office 215-945-4200 today for Help with Tax Preparation, Tax Planning or assist you if you receive Tax Notices. We provide Tax Preparation and Tax Problem Resolution services for both Individual & Business taxpayers. A CPA will help you with all your Tax Matters. Our office is open year-round for services and assistance. Call our Office of Book your appointment online.