IRS has sent millions of taxpayers Letter 6419 which details amounts for the advanced child tax credit payment. The IRS has indicated, however, that some of these letters may have the incorrect amounts. The IRS is informing taxpayers to keep the Letter 6419 and to check the IRS site to determine if a different amount should be used when filing their 2021 tax returns.
Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult a tax, legal and accounting advisors before engaging in any transaction or submitting any IRS form.
Ramin Mohammad
Ramin Mohammad is a lawyer and CPA with over 15 years of experience including working in audits, teaching, and in big law. Ramin helps clients on both personal and business related tax issues ranging from a multitude of practice areas including tax structuring, planning and cross jurisdictional taxes. His client-base expands throughout the US and overseas offering tax consulting, tax planning and tax preparation.
