The first potential glitch of tax season involves new concerns about the accuracy of some letters that the IRS is sending out relating to the child tax credit.
The Internal Revenue Service said it is reviewing complaints by some taxpayers who say that the IRS Letter 6419 sent to them spells out the wrong dollar amount for what the families received in 2021 for the advance payments of the child tax credit, which were issued each month from July through December.
Families who received the advance monthly payments in 2021 must reconcile what they received last year with what their financial situation is this year and file a Schedule 8812 with their 2021 federal income tax return.
