Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Are separate returns-lower income spouse claims kids-valid way to maximize stimulus? Tiebreaker rules wouldn't apply unless both claim same kid, right? SP1 130K SP2 50K
Are separate returns-lower income spouse claims kids-valid way to maximize stimulus? Tiebreaker rules wouldn't apply unless both claim same kid, right? SP1 130K SP2 50K
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
gregandrews
Level 2
04-11-2021
10:13 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
no stimulus pmts were received yet. The question is partially about IRS tiebreaker use - they leave choice of where kids are claimed undisturbed unless a kid is claimed on both returns, right? Only if they need to step in due to a kid being claimed on both spouses separate returns do the tiebreaker rules come into play. BTW these are married parents living together. The only reason for separate filing is stimulus and unemployment exemption.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
TaxGuyBill
Level 15
04-11-2021
11:16 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Correct to everything you said.
