Why Tax Season is Different for Parents This Year

Jan 25, 2022 | MMNT Blog

​Tax season is officially underway: Monday marks the first day that the Internal Revenue Service (IRS) is accepting and processing tax returns.

Parents or guardians filing their taxes will have to fill out different paperwork this year. The IRS will be sending Letter 6419 to people who qualified for advanced child tax credit money in 2021.

Last year, as part of the third national stimulus check during the pandemic, people with kids were able to receive additional aid for each child in their household. Those monthly payments were sent out from July through December.

This letter will help you report the amount of money you received and claim any money still owed to you.

This blog could become outdated due to tax law updates.

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