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What is IRS Notice 6419 and what should I do if I receive it?




The IRS continues to send Notice 6419 to taxpayers who received the Child Tax Credit. What to do when you receive it? Here the details. At the end of December 2021, the Internal Revenue Service (IRS) reported that during January it would send Notice 6419 to taxpayers who received advance monthly payments of the Child Tax Credit, which were issued from July to December of last year. What is IRS Notice 6419 and what should I do if I receive it? According to the IRS, Letter or Notice 6419 says '2021 Child Tax Credit Advance Payment Amount' near the top and 'Letter 6419' at the bottom right of the page. The letter contains important information that can help ensure that the 2021 tax return is correct. In addition to the mailed letter, individuals who received Child Tax Credit Advance Payments can also check the exact amount they received through the Child Tax Credit Update Portal available on IRS.gov.


What to do with the letter?

Eligible taxpayers who received the monthly payments must file a 2021 tax return to receive the second half of the credit. Letter 6419 can help people file an accurate 2021 tax return. The notice details two key components the IRS used to calculate your child tax credit advance payments: Box 1 at the top will tell you the total amount you received in 2021. You must enter that amount on Schedule 8812 called 'Credits for Qualifying Children and Other Dependents' on line 14f or line 15e, as appropriate. correspond. Box 2, which is just below Box 1, lists the number of qualifying children for whom you received the advance. If the statement contains errors or is incomplete, it may require additional review. While the IRS corrects the error, the processing of the return and, therefore, the tax refund is delayed. Using the information in the letter when preparing a tax return electronically or on paper can reduce errors and avoid delay

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