Advance Child Tax Credit Payments 

For qualified taxpayers that will receive advance Child Tax Credit payments from July РDecember 2021, the IRS plans to send taxpayers Letter 6419 in January 2022.  This IRS form letter will provide taxpayers the total amount of advance Child Tax Credit payments that were disbursed to taxpayers either via check or direct deposit during 2021.

Please retain this letter for your records and provide it to your tax preparer with your other tax documents this coming winter as the amount reported on this letter will be needed to prepare your 2021 tax return accurately.

Third Economic Impact Payments (EIP)

In January 2022 the IRS plans to send out Letter 6475 to taxpayers that received the third EIP earlier in 2021.  This letter will state the amount of this third stimulus payment received by taxpayers.

Please retain this letter for your records and provide it to your tax preparer with your other tax documents this coming winter as the amount reported on this letter will be needed to prepare your 2021 tax return accurately.