The deadline for filing taxes has passed, but here we tell you if you qualify for early payments of the child tax credit, how to prevent fraud and what to keep in mind for the next tax filing season.
During videoconference: “IRS Report on Advanced Child Tax Credit Payments and Upcoming Tax Filing Season” hosted by Ethnic Media Services, Ken Corbin, Tax Collection Service (IRS) Officer, recalled that this year was given until 17 of May, to make the tax return.
“What happened is that many taxpayers requested additional time, which expired last 15 October ”.
However, there are certain aspects that you should consider.
In this season, the Rescue Plan of 2021 better or the Tax Credit for Children, one of the most used tax credits in the country, of $ 2, 000 at $ 3, 000 for children under 6 to 17 years; and $ 3, 768 for children under 6 years.
“Taxpayers can benefit from this credit, even if they have no earned income or did not pay income taxes.”
This is expected child credit help more than 39 million households , said Corbin.
“There are three tools available for the child tax credit on the irs.gov home page. These are the eligibility wizard, which will help you determine if you are eligible. The second tool is the Non-Filers Tool, which will allow you to provide the IRS with the information we need to figure your child tax credit.
“And the third tool is the Child Tax Credit update portal, which allows you to obtain updated information.”
Corbin specified that the eligibility assistance tool is particularly helpful for taxpayers who are not required to file their federal taxes. , and have not yet declared, including in the fiscal year 2019.
“This includes those who experienced homelessness, low income and other groups in need.”
He specified that although they are not exempt from seizure by non-federal creditors, some states and financial institutions have chosen to protect these payments.
And stressed that the IRS in January of 2022 will send this year’s recipients of child tax credit and economic impact credit advance payments a letter telling them how much they received in 2021.
“This information is important to keep to ensure that your declarations of 2021, match IRS records. ”
He emphasized that those payments only cover half of the credit to which they are entitled, and to receive the other party must make their taxes of 2021 ”.
¿ Can undocumented parents qualify if you Have a child born or not born in the country?
“ To be eligible for the Child Tax Credit, a parent or guardian must have a social security number. For the children or the other parent, they must have what we call an individual taxpayer identification number or item.
Moreover, it said that childless workers may qualify for the income tax credit from work.
“The maximum credit is up to $ 1, 502, and can be claimed by eligible workers who have at least 19 year old, but full-time students under 19 years do not qualify. ”
He specified that single and married with social security numbers can claim their earned income credit, even when their children do not have insurance.
“The main message is to declare taxes; and for any questions, visit the frequently asked questions section at irs.gov. ”
Fraud Prevention
Susan Simon, IRS Customer Assistance Officer, asked to visit: irs.gov/security for steps taxpayers can take to protect themselves from identity theft and claim the money that is rightfully yours.
“One way we can reduce fraud and helping taxpayers to receive their refunds, in a fast, easy and safe way, is to encourage people to open a bank account to be deposited directly ”.
He added that another important thing is to make sure that the individual tax identification number is correct. “Those people who do not have a social security number and who have received an ITIN, an individual tax identification number, must make sure that it has not expired for the tax years, 2018, 2019 and 2020″.
And if they did not file a return in any of those years, their ITIN will expire and they must be renewed. “Don’t wait to do it until you go to file your taxes because that will encourage your refund and get it withheld.”
And he said that his site: irs / gov / getready is available in 8 languages. “It’s a great place for taxpayers to find the information they need to file tax returns.”
Simon encouraged everyone to register their tax account online at irs.gov.
“This is something new. It allows taxpayers to securely access their personal tax information. They will also be able to do things that normally require going to our offices; or call and wait for the phone to be answered. So we encourage everyone to go to the irs.gov site; and see if they can set up an account online. ”
For any questions you can call the IRS at 800 – 829 – 1040.