Liberty Tax Service Will Check on Your Advance Child Tax Credit Check.
VIRGINIA BEACH, Va.--(BUSINESS WIRE)--July 31, 2003
Your Advance Child Tax Credit check may be in the mail, but when will it be in your mailbox? Find out with help from Liberty Tax Service. In order to track the status of a check and its actual issue date, the taxpayer needs to provide Liberty Tax Service with their Social Security Number, filing status, and numbers of exemptions. The Child Tax Credit is a nonrefundable credit for eligible taxpayers who may claim the credit for each qualifying dependent (under age 17 and the taxpayer's child, stepchild, adopted child, grandchild, or eligible foster child). The amount is now up to $1,000 per child for 2003 and 2004, increased from $600 per child.
"Many people are anticipating that these checks will arrive in time for back-to-school shopping," said John Hewitt, CEO and Founder of Liberty Tax Service. "We'll help you track it down. If you've moved during the last few months, we'll help you file Form 8822 Change of Address, the official IRS change of address notification."
Approximately 25 million taxpayers will receive an advance child tax credit automatically if they were eligible to claim it on their 2002 return, and all checks will be mailed by August 8th. The first round of checks were mailed July 25 to those taxpayers with Social Security Numbers ending in 00-33. The IRS will mail the remainder of checks out:
August 1st - SSNs ending in 34-66
August 8th - SSNs ending in 67-99
For more information, call Liberty Tax Service (800) 790-3863. Liberty Tax Service is the fastest growing international tax service, with over 919 offices operating in the United States and Canada. In six years, Liberty Tax Service has grown to the size it took the other national tax franchises twelve years to realize. The company specializes in computerized tax preparation, electronic filing, and refund anticipation loans. In the January 2003 issue, Liberty Tax Service was ranked as one of the top franchise opportunities on Entrepreneur magazine's annual Franchise 500. Entrepreneur magazine has also named Liberty Tax Service as #15 on its list of Top Low-Cost Franchises for 2003 in its Be Your Own Boss issue, and #50 on its roster of fastest growing franchises (May 2003). Black Enterprise has recognized the company's franchise opportunity as one of the most affordable. The Liberty Tax Service web site is www.libertytax.com.