As a key deadline looms to claim 2021 tax credits, Republicans complain of ‘suspicious timing’ of IRS letters

  • by:
  • Source: CNBC
  • 11/11/2022
Certain tax credits were made temporarily more generous in 2021. For certain people, there still may be time to claim the money, which may add up to thousands of dollars — but some politicians aren’t happy the IRS just reminded Americans about the cash.

The federal agency recently sent letters to more than 9 million individuals and families who may qualify for the tax benefits but who have not yet filed a 2021 federal income tax return.

The more generous credits were authorized through the American Rescue Plan Act, which was enacted in March 2021. That includes stimulus checks of $1,400 per person, child tax credits totaling up to $3,600 per child, and an earned income tax credit of up to $1,502 for eligible workers with no children.

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