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This video introduces the taxpayer account, a new concept for the filing season, with 38 million individuals set to receive letter 6419 on the advanced child tax credit. Setting up the taxpayer account allows access to information such as EIP payments and last year's HGI in real time on IRS.gov. The goal is to show viewers how to access information quickly and efficiently without waiting on the phone. The video follows William, an enrolled agent, to demonstrate the process.
