8 mistakes that can lead to an IRS audit 7:57
(CNN Spanish) --
The deadline to file your 2022 tax return in the United States is approaching and an important point for this tax season is the child tax credit.
2022 IRS tax filing schedule in the US: dates and deadlines
The 2021 American Rescue Plan, which helped ease economic pressure on the US amid the pandemic, provided advance payments of up to 50% of the child tax credit to eligible taxpayers, according to the Internal Revenue Service (IRS).
"If you received advance payments, you can claim the rest of the child tax credit, if eligible, when you file your taxes" this year, adds the IRS.
To know the requirements needed to be eligible, click here.
So, if you're eligible and received child tax credit advance payments in 2021, you can receive the rest of the credit you missed last year for pandemic relief.
It can be the remaining 50% or even more, depending on how much you have received.
To get the remaining credit, the IRS says you "must reconcile (compare) the total you received (in 2021) to the amount you can claim" on your 2022 tax return.
advertising
How do I file my taxes with the IRS in the US?
Know the link and the necessary documents
And to reconcile advance payments on your return this year, two steps are necessary, according to the IRS:
Know your total advance payments and the number of qualifying children.
You can do this in your online account.
In January, you probably received Letter 6419 and there comes the total amount of advance payments you received in 2021. However, the IRS recommends that you see said
Enter your information on Schedule 8812 (Form 1040) when you file your return.
To review Form 1040, you can click here.
If you have more questions regarding the return of the child tax credit, you can resolve them on the IRS page in Spanish by clicking here.
CreditTax returnTaxes
