Tag: Frequently Asked Questions

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Jan 11

IRS updates FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments

The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax returns. This extensive FAQ update (FS-2022-03) PDF includes multiple streamlined questions for use by taxpayers and tax professionals and is being issued…

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Dec 21

Tax Preparation – Frequently Asked Questions

What are tax preparation options? There are multiple tax preparation options you can choose from. Once you’ve gathered all the tax documents needed, you can now decide if you want to file your taxes by hand, use a tax software, or hire a tax professional to do it for you. Each of these options has…

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