IRS Information Letters Going Out
The tax filing season is close to opening up for business. The IRS will begin accepting returns toward the end of January 2022 and the IRS started issuing information letters to advance child tax credit recipients in December. Recipients of the third round of the Economic Impact Payments will begin receiving information letters at the end of January. Using the information in these letters when preparing a tax return can reduce errors and delays in processing. Please do not throw any letters away.
More information about the 2021 advance child tax credit, Economic Impact Payments and other COVID-19-related tax relief is available on IRS.gov.