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Get your taxes done using TurboTax
The money you describe is not taxable or reportable income. It is also not "earned income" for the purposes of qualifying for the Earned Income Credit (EIC) and/or the Additional (refundable) Child Tax Credit (ACTC).
As others have said, the only exception would be if it qualifies as pre 2019 Alimony. Even then, it is not earned income for the EIC or ACTC.
‎November 14, 2023
5:20 AM
2,188 Views