Tax Refund Update 2024 Pending Changes to the CTC











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The IRS opened the e-filing for federal tax returns on January 29, 2024. If taxpayers electronically file their Form 1040, they will generally receive their refund deposit within 8 to 15 days. • The IRS has started depositing refunds for those taxpayers who electronically filed on or around January 29th. For taxpayers who filed early and have either the Earned Income Credit or the Additional Child Tax Credit, you are still going to be waiting until the PATH Act delay lifts on February 15, 2024. • For more videos on how to calculate the Child Tax Credit (CTC), Additional Child Tax Credit (ACTC), and the Earned Income Credits (EIC), see our playlists below: • CTC Playlist •    • Child Tax Credits (CTC)   • EIC Playlist •    • Playlist   • For a larger database of tutorials, please visit our website and search for your question: • https://knottlearning.com/ • DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials. • #TaxRefund #TaxRefund2023 #ChildTaxCredit

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