Body We're offering tax help for individuals, families, businesses, tax-exempt organizations and others – including health plans – affected by coronavirus. Child Tax Credit The 2021 Child Tax Credit is up to $3,600 for each qualifying child. Eligible families, including families in Puerto Rico, who don't owe taxes to the IRS can claim the credit through April 15, 2025, by filing a federal tax return—even if they don't normally file and have little or no income. Hiring someone to help with your tax return? Be sure to seek reputable tax assistance. Be wary of preparers who promise a larger refund, base their fees on a percentage of the refund, or promise other too-good-to-be-true outcomes. See the Advance Child Tax Credit 2021 webpage for the most up-to-date information about the credit and filing information. Families in Puerto Rico can check eligibility rules and find more information at Resources and Guidance for Puerto Rico families that may qualify for the Child Tax Credit. IRS mission-critical functions continue We continue to process returns and issue refunds, and we are making progress. Get up-to-date status on affected IRS operations and services. Economic impact payments The IRS has issued all first, second and third Economic Impact Payments. Most eligible people already received their Economic Impact Payments. People who are missing stimulus payments should review the information on the Recovery Rebate Credit page to determine their eligibility to claim the credit for tax year 2020 or 2021. Securely access your IRS online account to view the total of your first, second and third Economic Impact Payment amounts under the Tax Records page. You can no longer use the Get My Payment application to check your payment status. Latest updates on coronavirus tax relief Penalty relief for certain 2019 and 2020 returns To help struggling taxpayers affected by the COVID-19 pandemic, the IRS issued Notice 2022-36 PDF, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those who paid these penalties already. To qualify for this relief, eligible tax returns must be filed on or before September 30, 2022. See this IRS news release for more information on this relief. American Rescue Plan Act of 2021 See this IRS news release for more information on individual tax provisions of the American Rescue Plan Act of 2021, signed into law on March 11, 2021. The legislation also made changes to tax relief for employers. Continue to check back for updates. Employer tax credits Many businesses that have been severely impacted by coronavirus (COVID-19) qualify for employer tax credits – the Credit for Sick and Family Leave, the Employee Retention Credit, and Paid Leave Credit for Vaccines. Information for... Individuals and families Economic Impact Payments, advance payments of the Child Tax Credit and more are part of your coronavirus relief. Advance Child Tax Credit Payments Recovery Rebate Credit Premium Tax Credit Tax Treatment of 2020 Unemployment Benefits Child and Dependent Care Credit Information More for Individuals Businesses and tax-exempt entities Your small or large business or tax-exempt organization may be eligible for coronavirus relief. Employee Retention Credit Self-Employed Filing and Payment Deadlines Early Termination of the Employee Retention Credit, Retaining Employment Tax Deposits in Anticipation of Credits, Shut Down of the Fax Line and Helpful Form 7200 Hints More for Businesses Health plans and retirement plans If you’re a health plan administrator, coronavirus relief also affects the plans you manage. Coronavirus Relief for Retirement Plans and IRAs High-Deductible Health Plans More for Health Plans Coronavirus tax relief information Resources Resources and Guidance Partner and Promotional Materials for the Recovery Rebate Credit 2021 Child Tax Credit Resources and Guidance Social media Twitter: @IRSnews or @IRSenEspanol IRS on Facebook IRS on Instagram IRS on LinkedIn IRS on YouTube
