borinquenfs
Level 3
04-04-2022
06:46 PM
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What should parents do if they alternate yearly custody of a dependent? The mother received $1800 because she claimed the dependent for 2020. Now the father is claiming the dependent what amount do I report if any for the father?
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dkh
Level 15
04-04-2022
10:56 PM
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You report whatever the father received which sounds like $0. The mother will report on her return what she received - $1800. Possible she may have to pay back the ACTC she received depending on her income.
borinquenfs
Level 3
04-05-2022
04:34 PM
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Thank you...I confirmed that with the IRS and that is correct. Thanks.
