Home IRS Scams Beware of scammers trying to cash in on Child Tax Credit payments

Beware of scammers trying to cash in on Child Tax Credit payments

DENVER (KKTV) – As the first round of advanced payments for the Child Tax Credit went out Thursday, the Internal Revenue Service had a warning for all Americans.

“Cyber criminals use every opportunity to try to scam people out of money,” the IRS said in a news release.

About 39 million families will be getting the enhanced Child Tax Credit payments across the country, according to the IRS. In the state of Colorado, the White House said more than 580,000 families are eligible, impacting nearly 1 million children.

Just as the country saw with the stimulus checks, the IRS is predicting scammers will try to capitalize on the Child Tax Credit payments.

“Be alert to criminals who ask you, by phone, email, text – or even on social media, to verify your information so you can get advance Child Tax Credit Payments,” the IRS said. “Remember…the IRS does not initiate contact with taxpayers by email, text messages or social media channels to request…

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