Stimulus paymnet

Forum|Forum|4 years ago
February 20, 2022
14 replies
53 views

The father claimed the daughter in 2020 for 2021 he is not but he got the $1400 for her

so when I file her return for this year 2021 should I show that she got it?

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PATAX

Level 12

As far as I know it is based on the 2021 law, so no she did not get it in advance as a EIP3. Therefore you would mark zero on the 2021 worksheet that asks if she got it, and then she should receive it with the return. I believe the IRS said that it would Implement rules to stop double dipping, but as far as I know that did not happen. There are other posts on this so, please read it. This is just my opinion.

dkh

Level 15

You enter on the fathers return the amount he received. You enter on the daughters return the amount she received. Yes, you will have taxpayers that received the EIP that now, based on 2021 information, do not qualify for what they received in advance - it is what it is.

IRonMaN

Level 15

"it is what it is"

And it is really stupid. The last two years of playing games with stimulus payments and now with child credits is frustrating to say the least. If the government is just going to piss money away, they could at least make it entertaining for the rest of us to watch. How about announcing each day that at such and such a time, they are going to drive 6 dump trucks loaded with hundred dollar bills down the freeway and drop their load at random spots on the freeway. At least you could have fun watching the local news every night while folks are chasing after the trucks to grab as many bills as they can. Maybe to make it more interesting, they could drop the cash from helicopters, just to get the cash to blow around a little more.🚁

Slava Ukraini!

dkh

Level 15

My tabulation of money advanced to taxpayers that don't qualify on 2021 returns =

$18,400 (12 tax returns)

Yes, I've completed more than 12 returns this tax season

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