When we sent out the 2021 Tax Organizers, we included a pink sheet asking you to complete with the payments you received as part of the Advanced Child Tax Credit (ACTC). The IRS is also sending out a letter stating how much you received, however we have seen accounts that state these amounts are incorrect.
While the IRS is mum on the subject and whether or not they will correct the issue. Because of this, we want to encourage everyone to complete the pink sheet using bank records, instead. As a reminder, payments may have been received via direct deposit, check from the IRS, or on a Visa debit card issued by MetaBank N.A.
Our office has also received a variety of questions regarding the ACTC, most of which are answered via the IRS website here: 2021 Advanced Child Tax Credit Payments.