The situation: Mom and Dad share joint 50/50 custody, and claim the child on alternate tax years. Based off of the 2019 tax filing, Mom received one $500 and one $600 stimulus check for the child dependent. In this situation, when Dad files the 2020 tax return claiming the child as a dependent, will he be allowed to get a duplicate of the $500 and $600 stimulus payments Mom received the prior year?
If yes, what is the procedure for Dad to obtain the payments? Wondering if this will be implemented in the tax software for 2020?
I have come across information in a few places suggesting this is allowable. I'd like to get a confirmation of the rules since tax season is approaching. Please advise.
