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.