IRS reminds taxpayers to spread the word regarding a great $3,600 credit

Believe it or not, many Americans may be missing out on IRS credits so make sure you keep updated to claim this free money

3 new IRS warnings dealing with scams

3 new IRS warnings dealing with scams

The Internal Revenue Service is constantly sending reminders to eligible taxpayers. For example, the last IRS post on X requested to inform family and friends living in Puerto Rico of the Child Tax Credit.

Many families in Puerto Rico may be eligible for a Child Tax Credit worth $3,600 per qualifying kid. Some people in Puerto Rico may need to file says the IRS, so they may be entitled to this money.

The IRS helps people in Puerto Rico claim the Child Tax Credit

If you live and work in Puerto Rico and you have at least one child, you should pay close attention to the information the Internal Revenue Service has provided you with.

Here is the link with all the info you may need: https://www.irs.gov/credits-deductions/individuals/resources-and-guidance-for-puerto-rico-families-that-may-qualify-for-the-child-tax-credit

Whether you are a tax professional, a family, or part of the media, you have plenty of information regarding this $3,600 Child Tax Credit. It was in 2021 when the CTC expanded to Puerto Rico.

When is the deadline to claim this IRS Child Tax Credit?

The Internal Revenue Service claims that taxpayers in Puerto Rico can claim the $3,600 Child Tax Credit until April 15, 2025. However, they will need to file a federal tax return. This step is necessary.

Bear in mind that the Internal Revenue Service requests you to file a tax return to get the Child Tax Credit even if you do not normally file one. So, yes, those low-income families who qualify must file too.

Urge family and friends in Puerto Rico to:

source: https://www.irs.gov/newsroom/have-friends-or-family-in-puerto-rico-spread-the-word-on-the-expanded-child-tax-credit

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