👶The child tax credit has been approved and is available for eligible taxpayers.
📅The IRS is urging taxpayers not to wait and to file their taxes promptly.
💵Some states are implementing their own child tax credit, providing additional benefits to eligible families.
💼There are certain considerations and changes in tax law that taxpayers should be aware of when it comes to the child tax credit.
🔍The IRS is providing resources and tools to check the status of your tax refund.
Can I claim the child tax credit?
—If you meet the eligibility requirements, you can claim the child tax credit for qualifying children.
What if I have already filed my taxes?
—If there are any changes that impact your return, the IRS will handle the necessary updates and send you any additional refund you may be entitled to.
Are there additional child tax credits offered by states?
—Yes, some states are implementing their own child tax credits, providing additional financial benefits to eligible families.
When will I receive my tax refund?
—Most taxpayers can expect to receive their tax refunds within 21 days after filing their taxes electronically.
How can I protect myself from tax scams?
—It's important to be cautious and avoid scams, such as not clicking on any suspicious links or providing personal information to unsolicited sources claiming to be from the IRS.
00:00Introduction to the child tax credit and its availability for eligible taxpayers.
02:30Discussion on the importance of not waiting and filing taxes promptly according to the IRS.
06:45Exploration of states implementing their own child tax credits, providing additional benefits to eligible families.
12:10Key considerations and changes in tax law related to the child tax credit.
15:20Overview of resources and tools provided by the IRS to check the status of tax refunds.
