Child Tax Credit: 9 Million Families Could Still Get Stimulus Checks

The Internal Revenue Service is sending letters to more than 9 million households who are potentially eligible for tax benefits, but haven’t filed a 2021 return to claim them. The news come after an audit by the Treasury Inspector General for the Tax Administration. $1.1 billion in Child Tax Credits were sent to 1.5 million ineligible families, while some 8.3 million payments didn’t reach eligible households in 2021. The agency is sending out reminder letters and households should receive them over the next few weeks. The letters provide a summary of the three credits and instructions on how to claim those benefits. To Read More Click Here.

Source: Yahoo