Here is a link with information on the Advance Child Tax Credit including how to enroll, unenroll and check your eligibility.Advance Child Tax Credit Payments in 2021 | Internal Revenue Service (irs.gov)

On March 29th the IRS posted the new deadlines for the 2020 tax year. Here is a link that explains just what has and has not been extended.IRS extends additional tax deadlines for individuals to May 17 | Internal Revenue Service

IRS has extended the tax filing deadline to May 17th, 2021. Similar to the federal tax filing and payment deadline extension, California will also extend the state tax filing and payment deadline for individuals to May 17th, 2021. The extension does not apply to estimated tax payments due on April 15, 2021Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline | Internal Revenue Service

The 3rd round of payments have already hitting bank accounts. Starting Monday you can visit the IRS website to track your payment. Here is a helpful link with more information.https://www.irs.gov/newsroom/irs-begins-delivering-third-round-of-economic-impact-payments-to-americans

This is the information provided by our banking partner. If you had your tax prep fees taken out of your refund and chose to do direct deposit your stimulus payment will delivered based on the schedule below. IF YOU DO NOT GET YOUR PAYMENT NOW AND ARE ELIGIBLE TO RECEIVE A STIMULUS PAYMENT YOU CAN APPLY TO RECEIVE IT WHEN YOU FILE YOUR 2020 TAX RETURN.A message from Refund Advantage.Economic impact payment deposits that were erroneously sent to closed refund transfer accounts were required to be returned to the IRS. The bank does not have these payments, and the IRS will be  issuing these payments directly to the customer.Stimulus payments will be processed by IRS and sent via your bank accounts or by check by February 1st based on the information you provided with your 2019 tax return.Once payments are made by IRS, the Get My Payment tool on the IRS website will be updated to reflect the payment amount after February 1st.Banks or tax preparers DO NOT have the funds – the US Treasury has the money and will be delivering it to taxpayers through the IRS process as stated above.

We have had many clients call with questions around the two IRS payments that went out this year. Here is a link to the IRS website and FAQs about the Recovery Rebate and Economic Stimulus. UPDATE:This is the newest information on the IRS website.Economic Impact Payments on their way, visit IRS.gov instead of calling | Internal Revenue Service

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