Futch2010
Level 3
02-14-2022
08:45 PM
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Have client that opted-out of the advanced child tax credit because he alternates every other year with ex-wife claiming daughter. Received no funds nor 6419 letter. My question is should I just enter zeros on the 8812?
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Level 15
02-14-2022
09:09 PM
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If he received zero, you enter zero.
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DavidC1
Level 1
03-03-2022
07:59 PM
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Similar situation regarding an alternating dependent however, my client received advanced child tax credit as well as the 3rd EIP for the child. I do both the parents taxes, is the other parent claiming the child this year entitled the whole CTC and the 3rd EIP for the child? Also, will saying the taxpayer who received advanced child tax credit without a dependent on his tax return flag him for receiving it?