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In this video tutorial, a new concept for this filing season called the taxpayer account is introduced. 38 million individuals will receive letter 6419 on the advanced child tax credit. Setting up a taxpayer account allows individuals to access information such as last year's AGI and additional features in real time on irs.gov. The goal is to empower individuals to find answers on irs.gov instead of waiting on the phone for assistance, like in the case of the economic impact payments last year. The tutorial will feature William, an enrolled agent, to guide viewers on how to utilize the taxpayer account effectively.
