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New $175 payments being sent NOW as recipients warned to keep crucial IRS letter
ELIGIBLE families in New Mexico will see bonus checks worth $175 per child, as part of a tax relief bill. The legislation will provide a total of $380million in tax relief and the credit will depend on income level. Meanwhile, families who received advance child tax credit payments must file a 2021 tax return, and they must do so correctly to reduce the risk of owing hundreds of dollars. Families must compare the advance child tax credit payments they received in 2021 with the amount of the CTC they can properly claim on their 2021 tax return. To help with… Read Full Article
By the-sun
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