IRS Says Not Everyone Received First Child Tax Credit Check

The IRS Says Not All Beneficiaries Received Their First Child Tax Credit Check. This week, the agency acknowledged that some ITIN taxpaye...

Compartir
Suscríbete
Suscribe our Newsletter
Recibe por email las noticias más destacadas
  • The IRS Says Not All Beneficiaries Received Their First Child Tax Credit Check.
  • This week, the agency acknowledged that some ITIN taxpayers were still waiting for that first payment.
  • Millions of families in the United States are expected to receive their second Child Tax Credit check this week.

WHERE IS MY MONEY? The Internal Revenue Service (IRS) says not all beneficiaries received their first Child Tax Credit check due to an agency programming error.

Millions of families in the United States are expected to receive their second Child Tax Credit check this week, but the IRS has acknowledged that not all qualifying people have even received their first. What happened?

IRS Says Not Everyone Received First Child Tax Credit Check

IRS Says Not Everyone Received First Child Tax Credit Check
PHOTO Shutterstock

Many beneficiaries waited for their first check, which should have arrived on July 15. However, this week the IRS acknowledged that some taxpayers with individual taxpayer identification numbers (ITINs) were still waiting for that first payment.

Among them is Brenda Méndez, a Texas resident, who received two letters from the IRS telling her about the new help. He waited for the $ 1,050 due to him for his four children on July 15, but the help ultimately did not come, he told NBC5.

What happened to my money?

IRS Says Not Everyone Received First Child Tax Credit Check
PHOTO Getty Images

Méndez indicated that his family had already filed their 2020 tax return months ago, with the bank information to be able to receive direct deposit. “My husband told me we should wait, maybe it will come by mail,” added the woman.

As the days passed, Mendez tried to track the payment through the online tools offered by the IRS and over the phone. However, he said he was “going around in circles … since July 15.” Now, within days of delivering the second check, the IRS explains what happened.

They did not receive their payments in July

IRS Says Not Everyone Received First Child Tax Credit Check
PHOTO Getty Images

The IRS did not refer to particular cases like that of Mendez, but did indicate that they are aware of some cases in which taxpayers who filed their taxes with ITIN numbers had not received their July payments.

“We have worked quickly to correct this problem and these taxpayers will begin receiving payments in August. All affected taxpayers will receive their July payment, ”the agency commented.

A programming error

IRS Says Not Everyone Received First Child Tax Credit Check
PHOTO Getty Images

What happened? IRS spokesman Michael Devine noted that “some kind of scheduling problem” had occurred precisely with people who filed their taxes with ITIN numbers. “As soon as we identified it, we started working on it. We believe that we have solved it so that it does not happen again ”, clarified Devine.

Although they did not state how many were affected by the bug, the IRS said they would receive their full July payment. “Anyone who did not receive the payment in July will receive the full amount they could receive, but will receive it in five payments instead of six, starting with the August payment,” explained the IRS spokesperson.

Who are the beneficiaries of this federal aid?

Getty Images

According to the IRS, “the new maximum credit is available to taxpayers with a modified adjusted gross income (AGI) of $ 75,000 or less for singles, $ 112,500 or less for heads of household and $ 150,000 or less for married couples that file a joint return and for qualified widows and widowers ”.

But what if a person earns more than that? If a person earns more than this amount, they can also receive the aid, although to a lesser extent. “Above these income thresholds, the additional amount above the original credit of $ 2,000, whether it is $ 1,000 or $ 1,600 per child, is reduced by $ 50 for each additional $ 1,000 in modified AGI,” explained the IRS.

How much will the parents get?

PHOTO Shutterstock

Families can claim up to $ 3,600 for each child under the age of six and $ 3,000 for each child between the ages of six and 17. The money will reach the parents in six monthly installments of $ 300 dollars (under six years old) or $ 250 (children between six and 17 years old) that will arrive between July and December.

Beneficiaries will have to claim the remaining amount (up to $ 1,800) when they file their taxes next year. For now, the IRS will send the second check to approximately 39 million households this Friday August 13.

How to confirm if I am eligible?

Photo: Shutterstock

The IRS announced that they have a “Child Tax Credit Eligibility Assistant”In SPANISH, which will help families determine whether or not they are eligible for Child Tax Credit payments and an“ Update Portal ”, which will allow families to monitor and manage their Child Tax Credit payments.

“Before filing a return or using the Non-Filer Sign-up tool, families unsure if they qualify for the credit or prepayments may want to use another new tool: the Child Tax Credit Eligibility Assistant. ”Advises the agency. By just answering a few questions, you can do a preliminary check to see if they qualify for payments. This is not an enrollment tool.

Claim help urgently

Photo: Shutteratock

Many people qualify for help, but have not claimed it because they normally do not file taxes. This is why the IRS has invited you to register on the official website so that you offer your information and receive the benefit.

With the delivery of the monthly Child Tax Credit checks, the Biden administration hopes to reduce the gaps in social inequality. IRS Says Not Everyone Received First Child Tax Credit Check.

The post IRS Says Not Everyone Received First Child Tax Credit Check appeared first on Hispanic World.

.