Dunning update: IRS will send reminder letters for money owed


More than 9 million people have not received all or part of their coronavirus stimulus payments, including child tax credit, recovery refund credit or earned income tax credit, the IRS said in a news release on Thursday, October 13, 2022.

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In order to claim the stimulus funds, individuals or couples must file their 2021 federal income tax returns. The IRS is also keeping the Free File service open until November 17, 2022, to make filing and receiving the tax easier. silver.

These tax credits are available to people even if they do not owe taxes and would not normally file a return because they have little or no income. However, to claim the money, a tax return must be filed.

The IRS has announced that it will send a reminder letter to individuals and families who may be eligible for the credit. The letter will be sent in Spanish and English, according to the press release posted on the IRS.gov newsroom.

The letter will be sent to individuals who typically do not file taxes because they appear to have very low incomes based on their W-2s, 1099s, or other third-party returns. The letter will remind people that there is no penalty for filing a return after the April 2022 tax deadline if you don’t owe money. You must file as soon as possible to claim your refund. You can get your refund quickly and easily by filing your tax return online and setting up direct deposit to receive your money.

If you earn $73,000 or less, you can use IRS.gov/FreeFile to file your taxes for free online with easy-to-use, branded tax software.

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Families could receive up to $3,600 in CTC payments, along with other payments that are part of the Biden administration’s $1.9 trillion coronavirus relief package, WDBJ7.com reported.

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