Can a legal guardian claim a dependent and receive the full $3.6k of CTC if someone else filed for them in 2020 and received the first half of the credit in 2021?

k-mcdonald627-gm · ‎03-14-2022

Since the legal guardianship was not effective until 2021 the parent received the $1.8k CTC in 2021 (because they filed for the dependent in 2020). Should I show my client receiving the $1.8k even though they did not? Or should I have them claim the full CTC?

sjrcpa · ‎03-14-2022

"Should I show my client receiving the $1.8k even though they did not?" No

The more I know the more I don’t know.

k-mcdonald627-gm · ‎03-15-2022

How would you handle?

sjrcpa · ‎03-15-2022

Claim the credit if they meet the requirements and income limits. Show -0- as advance received.

The more I know the more I don’t know.