Jordan70
Level 1

is anyone experiencing an additional $1500 when filing a married couple separate this year after filing joint last year

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rbynaker
Level 13

I would guess you're bunching CTCs on one spouse and the other spouse has income below the safe harbor for repayment?

Since the IRS never published guidance to stop this, seems like a valid tax avoidance strategy to me.

qbteachmt
Level 15

IRS released Fact Sheet guidance:

https://www.irs.gov/pub/newsroom/fs-2022-06.pdf

 

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qbteachmt
Level 15

I see they issued 2022-07, as well.

Here are IRS resources, FAQ, and guidance:
https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-f...

https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021

Repayment protection (in Sched 8812):
https://www.irs.gov/instructions/i1040s8#en_US_2021_publink100077789

 

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"Level Up" is a gaming function, not a real life function.
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