The deadline to file your taxes is tomorrow, but many people are finding out that putting incorrect information for child tax credit may cause a delay in getting your refund back. Last year, the child tax credit was raised from $600 to $1,000 and Congress decided to send 400 of those dollars to many families in advance.
The problem now is, many people are not listing that cash advance when they file their taxes, which may cause a delay in getting your refund check. "If they put the incorrect amount on their tax return, then it's going to take extra steps in the processing because when the IRS goes to process the return that's not going to come up and they are going to redo everything," explained Ray Borders with H&R Block.
If you lost your letter or want to check if you put the correct information in for your tax credit, you can call the IRS at 800.829.1040. You will need your Social Security number, your filing status, and the number of exceptions on your return.