Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Is there a way to override the Recovery rebate credit to not allow one?

wendijaclene
Level 2
My client's ex-husband received the funds for their daughter.  She is now claiming their daughter but she shouldn't get the credit.  I need to remove the credit that she is getting.
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
sjrcpa
Level 15

She is entitled to the credit, based on her 2020 income and dependent. The ex got an advance that he does not have to repay.

The more I know, the more I don't know.
abctax55
Level 15

".....but she shouldn't get the credit."

But, you are wrong as that is not what the law says.

 

HumanKind... Be Both
qbteachmt
Level 15

"She is now claiming their daughter"

And that's all that matters.

Perhaps it would help to review what is really happening:

The funds were paid out as Advanced payment against a projection. The projection used 2018 or 2019 tax returns. But 2020 is the Actuals. You use the 2020 return to reconcile what a person is entitled to, against what they got.

You might want to bookmark these links and read the IRS guidance.

Interactive wizards portal for determining dependency:

https://www.irs.gov/help/ita

And:

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-a-eip-eligibility

https://www.irs.gov/coronavirus/second-eip-faqs#Eligibility

One for each EIP.

*******************************
Don't yell at us; we're volunteers