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In today's video, we introduce the concept of the taxpayer account, which 38 million individuals will be receiving a letter 6419 about the advanced child tax credit. Setting up this account can help you access information quickly, such as previous year's income and more, in real time on irs.gov. This can help you avoid lengthy phone waits and delays in receiving important letters from the IRS, such as the economic impact payment. William, an enrolled agent, will walk us through the process.
