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01-19-2022
02:33 PM
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The IRS has indicated recipients of the Advanced Child Tax Credit (ACTC) will need to compare the amount of payments received during 2021 with the amount of CTC claimed on their 2021 return. If the amounts do not match what the IRS has on record, this could result in a delay of refund.
For more information, including a link to the IRS CTC portal, please visit; IRS Updates and FAQs for 2021 CTC and ACTC Payments (https://www.irs.gov/newsroom/irs-updates-faqs-for-2021-child-tax-credit-and-advance-child-tax-credit...).
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01-19-2022
02:37 PM
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Click here for more ProConnect Tax News and Updates.