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IRS Letters 6419 and 6475 for the Advance Child Tax Credit and Third Stimulus: What You Need to Know

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The IRS is sending two new forms this year. One to people who received the monthly advance Child Tax Credit Payments and one to people who received a stimulus payment in 2021. If you got either of those, you will need these forms to file – don’t throw them out!  

Letter 6419, 2021 Advance Child Tax Credit (CTC): If you received monthly CTC payments this past year, you should receive this letter from the IRS in January. If you filed as married filing jointly on your prior year tax return, then both you and your spouse will receive a Letter 6419.

You need both letters when filing your return as you will enter both amounts to be added to your tax return. This letter will have the total amount of advance Child Tax Credit payments you received from July 2021 to December 2021, and you will need that number when you file your taxes. Why? The IRS will use this number to help reconcile your advance Child Tax Credit payments – basically to make sure you got the right amount. If you should have gotten higher CTC monthly payments, you will get that additional money as part of  your refund. If you received too much in CTC payments, you may owe that money back at tax time.

Letter 6419

Letter 6475, Your Third Economic Impact Payment: This letter will have the total amount of your stimulus payment in 2021 (just the third one, you received in 2021). If you didn’t get the full stimulus amount you were eligible for, then you may be able to claim those dollars through the Recovery Rebate Credit on your tax return. This letter has all the info you need to report the correct amount of the third stimulus you received and understand if you are eligible for additional stimulus dollars and how much. If you and your spouse are filing a married filing joint return you will need to add the amounts from both your letters when completing your tax return. 

Don’t worry about knowing about these new letters and rules. TurboTax has specific guidance related to these new provisions and will help you easily report your advance Child Tax Credit payments and your third stimulus payment you received, so you can claim the additional credits you are eligible for.

Letter 6475

 

Frequently Asked Questions (FAQs) 

Q: My spouse and I both got a Letter 6475, how much do I input when filing my taxes? 

A: The Letter 6475 confirms the total amount of the third stimulus check (Economic Impact Payment) and any plus-up payments you received for tax year 2021. If you received joint payments with your spouse, the letters show the total amount of payment. If you file married filing a joint return you will need both letters when filing your tax return as both amounts will need to be added together on your tax return. If you file separate 2021 tax returns, each of you must enter your half of the payment amount.

Q: I did not receive my Letter 6475, is there any other way to get this information? 

A: If you did not receive your Letter 6475, you can check Your IRS Online Account to securely access your individual IRS account information. The amount of your third Economic Impact Payment is shown on the Tax Records tab/page under the section “Economic Impact Payment Information”. If you and your spouse received joint payments, each of you will need to sign into your own account to retrieve your separate amounts.

Q: My spouse and I both got a Letter 6419, how much do I input when filing my taxes? 

A: Married filers, you both will receive your own IRS Letter 6419. If you are married filing a joint tax return, you will need both letters when filing your tax return as both amounts will need to be added together on your tax return.

Q: I did not receive my Letter 6419, is there any other way to get this information? 

A: If you did not receive your Letter 6419, you can check Your IRS Online Account to securely access your individual IRS account information. In your IRS Online Account you will be able to get your advance Child Tax Credit payment total and number of qualifying children.

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