ADVANCED CHILD TAX CREDIT

[SUSAN J1]

Client was MFJ in 2020 with 2 Children - Received $ 1650.00 each in Advanced Child Tax Credit

This year it is better for them to file MFS and put the 2 children on his return - it appears he gets more child tax credit and she does not have to repay - is that possible ??

[Just-Lisa-Now-]

Many preparers are using ability to "double dip" this credit as tax planning, yes.
Assuming you're not in a CP state of course, might not work out quite so well for CP states.