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IRS starts accepting income tax returns Monday; here are the letters you need to file yours

The Internal Revenue Service, which will begin to process income tax returns beginning Monday, is urging taxpayers to make sure they have accurate information as they file their 2021 returns.

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Taxpayers should have received at least one of two letters from the IRS that they will need to file their return. If they have not, they soon will, the agency said late last week.

The letters, one concerning the Child Tax Credit and the other one concerning stimulus payments, will be needed for anyone filing a 2021 return.

The first letter, called the Advance CTC letter 6419, was first sent out in late December and is still going out to those who receive the credit, the agency said.

The letter says, “2021 Total Advance Child Tax Credit (AdvCTC) Payments” near the top and “Letter 6419″ on the bottom right-hand side of the page.

This is what the IRS says people need to know about the letter:

· People who received advance CTC payments can also check the amount of the payments they received, by using the CTC Update Portal available on IRS.gov.

· Eligible taxpayers who received advance Child Tax Credit payments should file a 2021 tax return to receive the second half of the credit. Eligible taxpayers who did not receive advance Child Tax Credit payments can claim the full credit by filing a tax return.

The second letter concerns the stimulus check sent out last spring. The Third Economic Impact Payment letter 6475 should be getting to taxpayers in late January.

The letter says, “Your Third Economic Impact Payment” near the top and “Letter 6475″ on the bottom right-hand side of the page.

This is what the IRS says people need to know about that letter:

· Most eligible people have already received their stimulus payments. This letter will help individuals determine if they are eligible to claim the Recovery Rebate Credit (RRC) for missing stimulus payments.

· People who are eligible for RRC must file a 2021 tax return to claim their remaining stimulus amount.

· People can also use IRS online accounts to view their Economic Impact Payment amounts.