Dawn24
Level 1
02-12-2021
06:58 AM
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Why can you switch a dependent on a MFS tax return to get additional stimulus payment?
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dascpa
Level 12
02-12-2021
08:30 AM
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This was a prior discussion on this platform. Theoretically yes, as long as the custodial parent releases the exemption and signs the Form 8332. The noncustodial parent is required to attach that form to their tax filing.
dkh
Level 15
02-12-2021
08:38 AM
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Why? Because these stimulus packages were thrown together quickly and loop holes were left open.