TaxGuyBill
Level 15
02-14-2021
03:06 PM
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That is correct.
The ACTUAL credit is based on if a taxpayer claims the dependent or not. So your client is entitled to the credit.
The ESTIMATED advance credit (EIP/stimulus payment) is just that ... an estimate. It does not matter if somebody else received an advance credi/payment based on that child or not. Your client gets the actual credit.