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- Can someone answer this question, the kids monies that was received on a joint return is it allocated 50/50 to each parent?
Can someone answer this question, the kids monies that was received on a joint return is it allocated 50/50 to each parent?
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mike36
Level 1
02-11-2021
09:43 AM
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Recovery rebate entry
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1 Comment 1
TaxGuyBill
Level 15
02-11-2021
09:57 AM
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If you mean the money the PARENTS received BASED on the kids based on a MFJ return, yes, each parent is allocated 50%.
