Child Tax Credit reminder
The IRS has issued a reminder to taxpayers claiming the Child Tax Credit that they cannot claim the full $1,000 per child if they received an advance payment check last year. Last year's payments were an advance on the credit's increase for 2003, when the maximum per-child amount rose from $600 to $1,000. A series of FAQs are available.

Further information:
www.irs.gov/newsroom/article/0,,id=120026,00.html
www.irs.gov/newsroom/article/0,,id=120037,00.html
www.irs.gov/individuals/article/0,,id=111546,00.html
...back to 29 January 2004

Advance Child Tax Credit checks
The IRS has issued yet another reminder to taxpayers who have not yet claimed their undelivered checks, currently totaling $50 million. A prominent link is provided on the IRS website homepage ( www.irs.gov ). Taxpayers can answer some basic security questions and find out whether there is money waiting to be sent to them. Their new postal address is all that is needed.

The deadline for claiming the advance credit is December 5. After that, taxpayers will have to claim the credit when they complete their 2003 tax return.

Further information:
www.irs.gov/newsroom/article/0,,id=118134,00.html
...back to 27 November 2003