Found 502 Matching Items; Displaying 1 - 10.
2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions; Update to Topic A: General Information and Topic F: Updating Your Child Tax Credit Information During 2021 IRS-FAQ
FS-2021-13, November 2021 — This Fact Sheet updates the Advance Child Tax Credit Topic A FAQs by adding a new question, question 17, under Topic A and Topic F FAQs by adding new questions, question 2 through question 6, under Topic F.
General Information
Individuals
Tax updates and news from the IRS
Taxpayers face a number of issues due to critical tax law changes that took place in 2022 and ongoing challenges related to the pandemic. The IRS continues to share updated information for people preparing to file their 2022 tax returns as well as anyone who has previous year tax returns awaiting processing by the IRS.
General Information
Individuals, Tax Professionals
IRS updates FAQs for the Premium Tax Credit
IR-2022-44, February 24, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on the Premium Tax Credit.
General Information
Individuals, Tax Professionals
2023 Publication 519, update to Chapter 4
In Publication 519, U.S. Tax Guide for Aliens, under Chapter 4, How Income of Aliens Is Taxed, the two listed columns omitted tax year 2020.
General Information
Individuals
IRS updates feature on Where’s My Refund?
IR-2022-109, May 25, 2022 — The Internal Revenue Service made an important enhancement to the Where’s My Refund? online tool this week, introducing a new feature that allows taxpayers to check the status of their current tax year and two previous years’ refunds.
News
Individuals
Update to Additional Child Tax Credit (ACTC) amount in the 2023 Publication 17
The Reminders section of Publication 17, Your Federal Income Tax has been updated to reflect the increase in the maximum Additional Child Tax Credit (ACTC) amount for each qualifying child to $1,600 for 2023.
Forms and Instructions
Individuals, Tax Professionals
IRS Updates Questions and Answers about the Tax Year 2021 Earned Income Tax Credit
FS-2022-30, May 2022 — This Fact Sheet updates the frequently asked questions (FAQs) for Tax Year 2021 Earned Income Tax Credit (FS-2022-14). More people without children now qualify for the Earned Income Tax Credit (EITC), the federal government's largest refundable tax credit for low- to moderate-income families. In addition, families can use pre-pandemic income levels to qualify if it results in a larger credit.
General Information
Individuals
IRS updates FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments
IR-2022-10, January 11, 2022 — The Internal Revenue Service today updated frequently asked questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax return.
News
News Media, Individuals, Tax Professionals
IRS updates FAQs for Higher Education Emergency Grants
IR-2022-34, February 15, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on Higher Education Emergency Grants.
General Information
Tax Professionals, Individuals, Students
Families can now report income changes using the Child Tax Credit Update Portal
COVID Tax Tip 2021-167, November 10, 2021
General Information
Individuals