IRS provides revised questions and answers for 2020 Recovery Rebate Credit IR-2021-246, December 10, 2021 — The Internal Revenue Service today updated frequently asked questions (FAQs) regarding the 2020 Recovery Rebate Credit (FS-2021-17). IRS provides answers to states and local governments on taxability and reporting of payments from Coronavirus State and Local Fiscal Recovery Funds IR-2021-231, November 17, 2021 — IRS provides answers to states and local governments on taxability and reporting of payments from Coronavirus State and Local Fiscal Recovery Funds. IRS updates FAQs for 2020 Unemployment Compensation Exclusion IR-2021-221, November 12, 2021 — The Internal Revenue Service today updated its frequently-asked-questions (FAQs) on 2020 Unemployment Compensation Exclusion. IRS updates 2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions IR-2021-218, November 9, 2021 — The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit Payments to describe how taxpayers can now provide the IRS an estimate of your 2021 income using the Child Tax Credit Update Portal (CTC UP). IRS updates process for frequently asked questions on new tax legislation and addresses reliance concerns IR-2021-202, October 15, 2021 — Today, the Internal Revenue Service is updating its process for certain frequently asked questions (FAQs) on newly enacted tax legislation. News releases and fact sheets for frequently asked questions archive Prior year news releases and fact sheets for frequently asked questions (FAQs) (from 2021).