How long does child tax credit take by mail

child tax credit advance payment is missing

Coming soon, if you received advance payments of the child tax credit, you’ll need to reconcile the payments received between July and December with the full amount of the credit you’re eligible for in tax year 2021; this reconciliation will be reported on your 2021 individual tax return.

That means there’s a limited time for the IRS to track down a missing payment, which takes several weeks at best, and correct their records before you file, so your tax return doesn’t get caught. in a manual review. situation. If the payments the IRS shows as issued do not match what you say you received, this will delay the processing of your return while the discrepancy is reconciled. Therefore, it is best to request that the IRS begin tracking a missing payment as soon as possible.

So, ask yourself: Did you have an advance payment of the child tax credit showing on your account as issued, but did not receive the payment? If so, here’s what you should do ASAP to find out what happened to you:

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