Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Child Tax Credit for parents not married;
Child Tax Credit for parents not married;
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
borinquenfs
Level 3
04-04-2022
06:46 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
What should parents do if they alternate yearly custody of a dependent? The mother received $1800 because she claimed the dependent for 2020. Now the father is claiming the dependent what amount do I report if any for the father?
Labels
2 Comments 2
dkh
Level 15
04-04-2022
10:56 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You report whatever the father received which sounds like $0. The mother will report on her return what she received - $1800. Possible she may have to pay back the ACTC she received depending on her income.
borinquenfs
Level 3
04-05-2022
04:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thank you...I confirmed that with the IRS and that is correct. Thanks.
