Tax Information With A Mother's Touch
Published by Eva Rosenberg, MBA, EA
Volume 5, Issue 217 July 11, 2003
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Tax Information With A Mother's Touch Published by Eva Rosenberg, MBA, EA Volume 5, Issue 217 July 11, 2003 |
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<Just in From a Tax Pro>  Advance Child Credit Amount Available on IRS website Beginning July 14. Taxpayers curious about the amount of their advance child tax credit payments can go online for quick and easy answers beginning July 14, 2003. Where's My Advance Child Tax Credit? This is a new service at www.irs.gov that provides information on the amount of a taxpayer's advance child tax credit payment, the check mailing date, and any offsets to outstanding liabilities. To qualify for the advance payments, and to access personal account information via Where's My Advance Child Tax Payment?, taxpayers must have filed 2002 tax returns claiming the child tax credit. Taxpayers don't need to contact IRS to receive their advance child tax credit payments. IRS will determine their eligibility, automatically compute the amounts of their payments based on their 2002 returns, and mail their checks to their addresses of record. Because taxpayers who receive an advance payment must reduce their 2003 child tax credit by the amount of the payment, "Where's My Advance Child Tax Credit?" information will be online through December 2004. Taxpayers wanting general information about eligibility for the child tax credit and advance payments will find answers using "advance child tax credit" keyword search on www.irs.gov. Where's My Advance Child Tax Credit? is quick and easy. Taxpayers can quickly check the status of their advance child tax credit payment anytime, from anywhere. Taxpayers access information about their advance child tax credit payments by entering three personal identifiers (personal information shared only between the taxpayer and IRS:
Taxpayers interact online with the IRS through secure technology that protects the confidentiality of their personal information. Where's My Advance Child Tax Credit? meets strict IRS security and privacy certifications. Safeguards include locking site entries for 24 hours after a predetermined number of unsuccessful attempts if the PIN entered does not match IRS records. Taxpayers can avoid unsuccessful attempts by entering personal identification information exactly as shown on their 2002 individual federal income tax returns. Where's My Advance Child Tax Credit? uses cookies only to ensure IRS accesses the correct account information and that the information is protected. IRS does not track, share, store, or use this information in any way other than to provide the Where's My Advance Child Tax Credit? service and safeguard the integrity of IRS computer systems. Where's My Advance Child Tax Credit? and the IRS.gov Web site conform with the provisions for Internet web content from the Section 508 amendments to the Rehabilitation Act of 1973. Users of assistive technologies should have full access to and use of information contained on the site. Nikki Sandars, CPA, EA American Express Tax and Business Services Los Altos, CA 94022 Phone: (650)988-7300 x2246 Excerpted from : The National Association of Enrolled Agents http://www.naea.org weekly newsletter. This eletter is why I keep my EA membership.  |
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| Library of Congress - ISSN 1532-0790 Copyright © 2000-2009 - Eva Rosenberg |
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