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Child tax credit 2022 update – Thousands more Americans to get $3,600 when filing their taxes this year

Child tax credit 2022 update – Thousands more Americans to get $3,600 when filing their taxes this year

THOUSANDS more Americans will be eligible to receive the $3,600 advanced child tax credit when they file their taxes in 2022, the IRS said. Advanced $300 Child Tax Credit payments could also return with a double payment in February, if Congress can pass a new bill. Last month, White House press secretary Jen Psaki said that if Congress can agree on an extension to the expanded Child Tax Credit that expired at the end of 2021, double payments could be a possibility. “If we get it done in January, we’ve talked to Treasury officials and others about doing double payments… Read Full Article