ajp
Level 5

Client gets divorced at end of the year.  There is one child.  

Each person gets a letter stating they received $2100 EIP, and $750 ACTP.  If I list it "as is" the one parent will likely have to pay back the ACTP even though it isn't showing that on the tax return.  I assume it will come later.  Also, the claiming parent will get the money that was technically deposited into the formerly joint account. 

With the EIP, fortunately no one will be paying anything back, but it seems like a double dipping scenario for the parent who is claiming the kid this year. 

Are there directions for this scenario that I am not finding?  Right now, I expect to enter it all as the letters were written.  

Thanks

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