IRS Letter 6419 is Incorrect…
The IRS Letter 6419 helps taxpayers reconcile their advanced child tax credit payments received in 2021. Taxpayers should keep this letter and use this information when preparing their Form 1040.
The IRS Letter 6419 helps taxpayers reconcile their advanced child tax credit payments received in 2021. Taxpayers should keep this letter and use this information when preparing their Form 1040.
The child tax credit (CTC) is claimed on a taxpayer's annual Form 1040 tax filing. During the 2021 tax year, taxpayers may have received an advanced CTC amount which needs to be reconciled at year-end. The IRS Letter 6419 attempts to confirm with taxpayers what advanced payments they may have received.