IR Form 6419 – Child Tax Credit Prepay

  1. Taxes
  2. IR Form 6419 - Child Tax Credit Prepay
IR Form 6419 – Child Tax Credit Prepay
IR Form 6419 – Child Tax Credit Prepay

Now the IRS, via Congress, has sent out Child Tax Credits payments. This is a prepay of your Child Tax Credit.

Since this credit was prepaid, you cannot claim it on your tax return. IRS is to send out Form 6419, which outlines your total amount paid to you from July – December 2021 for 2022 Child Tax Credit. We need this form if you receive a Child Tax Credit. If you claim the Child Tax Credit and have received monthly checks from July – December 2021, realize your refund will be much smaller than usual, as you have been prepaid your Credit.