Watch for IRS Letters Coming in January 2022

IRS is reminding the public to make sure that their advance Child Tax Credit (CTC) and stimulus payment information is accurate before filing their 2021 returns.
Recipients of advance CTC payments will need to compare the amount of payments received during 2021 with the amount of the CTC that can be claimed on their 2021 tax return.
Those who received less than the amount they are eligible for can claim a credit for the remaining amount. Those who received more than they are eligible for may need to repay some or all of the excess amount.

Advance CTC Letter 6419
In late December 2021, and continuing into January, IRS started sending Letter 6419 to people who received advance CTC payments. The letter says, "2021 Total Advance Child Tax Credit (AdvCTC) Payments" near the top, and "Letter 6419" on the bottom right-hand side of the page:

  • The letter contains important information that can help ensure the tax return is accurate.
  • People who received advance CTC payments can also check the amount of the payments they received by using IRS's CTC Update Portal.

Third Economic Impact Payment Letter 6475
Later this month, IRS will begin issuing Letter 6475 to people who received a third payment in late January 2021. The letter says, "Your Third Economic Impact Payment" near the top and, "Letter 6475" on the bottom right-hand side of the page:

  • Most eligible people already received their stimulus payments. This letter will help individuals determine if they are eligible to claim the Recovery Rebate Credit (RRC) for missing stimulus payments.
  • Those who are eligible for the RRC must file a 2021 tax return to claim their remaining stimulus amount.
  • People can also sign in to their IRS Online Account to view their Economic Impact Payment amounts.

Get additional information here.