Stimulus Update: Here's Who Can Expect an Extra $5,000 From the IRS in 2022

Stimulus Update: Here's Who Can Expect an Extra $5,000 From the IRS in 2022

A thorny knot of issues -- including a resurgence of COVID-19 infections, staffing issues, and millions of backlogged 2020 tax returns -- have the IRS on edge. The parents or guardians did not receive advanced Child Tax Credit payments on behalf of the child in 2021 (worth $3,600 total for children under age 6). The new family member did not receive a $1,400 stimulus check in 2021.