2021 Child Tax Credit Explained as we discuss an example of how to file form 8812

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Chapters (Time Stamps):
0:43 Letter 6419
1:16 Example starts here
1:30 - 2:13 Child tax credit amounts and limtations
2:44 - How the credit works
3:42 - Where taxpayers are making errors with this
4:08 6419 Letter example
5:19 Form 8812 and final tax outcome
6:30 what if your 6419 Letter shows the wrong amounts?

Links to forms and instructions shown throughout video:
👉 https://www.irs.gov/forms-pubs/about-...
👉 https://www.irs.gov/instructions/i1040s8
👉 https://www.irs.gov/payments/your-onl...
👉 https://www.irs.gov/individuals/under...
👉 https://www.irs.gov/newsroom/special-...


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***Disclaimer: Although I am a licensed CPA with the state of California, this information is for entertainment and educational purposes only. Everyone's tax situation is unique to the individual. If you are uncertain about your tax situation or tax filing it is highly recommended you consult with a professional.