"With the EIP, fortunately no one will be paying anything back, but it seems like a double dipping scenario for the parent who is claiming the kid this year."

$2,100 isn't the right amout for two or for three. I've been seeing three letters: MFJ, and the two separates. But the payouts were based on a projection, and if that isn't the reality for the 2021 return, well, that's a problem for Congree.

The repayment for ACTC is forgivable based on an income limit, which will be that tax return.

"Also, the claiming parent will get the money that was technically deposited into the formerly joint account."

Then there won't be any payment consideration.