The Wall Street Journal, July 15, 2021
“…The IRS has sent letters notifying recipients of their prepayments, and its website has many more details. The prepayments are based on the latest tax return processed—usually 2020, but sometimes 2019. So if a family’s 2021 income is different, the prepayments could be too high or low….”
Read the entire article: https://www.wsj.com/articles/child-tax-credit-payments-11626294557
