Bruce Homan
Level 2

For 2020 tax returns every taxpayer was required to provide the exact amounts of the first and second stimulus payments.  For 2021 will every taxpayer be required to provide the exact amount of the Advanced Child Tax Credit payments they received?  Will the IRS provide them with a total that they can pass along to their tax preparer?  Spending an extra 10 minutes with each of my 200+ tax clients adds up to 33+ hours during tax season.