Child tax credit 2022 update – Double ‘$3,600 stimulus’ payments may decided in January as IRS letter sent

LAWMAKERS could decide to issue new payments to make up for missed child tax payments in January. President Joe Biden is workshopping a bill that could reinstate the payments if passed, and make up for the money parents don’t see in January, White House Press Secretary Jen Psaki said. “If we get it done in January, we’ve talked to Treasury officials and others about doing double payments in February as an option,” she said. Families could be getting new “$3,600 stimulus” payments when tax returns are filed this year, following the end of direct 2021 check boosts. Although most families… Read Full Article