Have a client that received the Advanced Tax Credit in 2021 based on his 2020 tax return but now the mother will be claiming the child for her 2021 tax return. Should he report the tax credit even though he isn't showing a dependent on his return?
He needs to report the advance payments he received. He will not be receiving a credit, and the advance payments may be reducing his refund/ or causing him to write a check to pay it back.
edited to change "will be ... to "may be" as pointed out by PATAX
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