Money News Today That Matters Tomorrow
The IRS has now resolved glitches on the non-filer portal for those who did not file a tax return in 2018 or 2019, which was used as the initial basis for determining eligibility for the $500 Dependent Economic Impact Payment (a.k.a. stimulus check) approved under …
[August 2020 update] This IRS has fixed certain stimulus payment issues (which were due to a programming errors) for non-filer groups, many of whom are yet to receive their first $500 dependent stimulus credit. The resolved $500 dependent stimulus (economic impact) payments were being seen …
The 2019 and 2020 Child Tax Credit (CTC) is set to $2,000 per child and is available to taxpayers who have children aged under 17 at the end of the tax year. Taxpayers can claim the CTC Child Tax Credit for every child who qualifies …