Americans can see their stimulus checks or child tax credits even faster in 2022 if they file their 2021 taxes now.
The IRS strongly suggests that taxpayers prepare their federal income tax returns before tax season.
To get your payments faster, opting for direct deposit rather than a paper check is the best option.
Related: With Possible Child Tax Credit Changes, Americans Could See $ 3,600 More In Stimulus Money In 2022
How do I claim child tax credits and stimulus checks?
To claim the rest of your child tax credits in 2022, you need to know how much you were paid in 2021.
If taxpayers have been paid less than what they are entitled to claim, they can claim the remaining amount on their tax return.
Those who received more than what they qualified for will have to reimburse the difference.
Keep an eye out for a 6419 letter from the IRS, which will detail what you were paid in 2021.
Related: Thousands Of People Can Claim $ 500 Stimulus Payments Next Week, Are You One Of Them?
For stimulus checks, if you were not eligible for the third check, you may be eligible for a recovery refund credit.
To apply for the credit, you must file your 2021 taxes.
To know the exact amount of your 2021 remittance, you need any stimulus checks and additional payment amounts to deposit the correct amount.
A 6475 letter will be sent to registrants detailing their stimulus payment information for 2021.
Related: Who Can Claim a $ 1,400 Stimulus Check on Their Taxes in 2022?
The 2020 taxes were due on April 15, but have been extended.
If you needed a longer extension, you can request it and return the taxes by October 15th.
The tax deadline for next year is still April 15, 2022, although it may be extended due to the pandemic.
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