We strongly encourage you to reference IRS letter 6419 before you file your taxes. Using incorrect amounts on your return could trigger a manual review of your return, which could delay your return—and refund for weeks.
Referencing your bank statements may not be the best route. In some cases, amounts may have been adjusted due do a variety of reasons, including if the processing of a 2020 return after an initial advance CTC payment was made. Or, the amounts may have changed from one payment to the next as you made changes in the IRS Child Tax Credit portal.
Ready to file but don’t have your letter? Read on to learn about using the IRS Child Tax Credit portal as alternative.