my situation is as follows: Head of household under 50k in AGI. i claim 3 children every even year based on my parnter's divorce decree with her previous husband. i claim her as a dependent because she has no income. I claim the 2 younger biological children every year and the oldest stepson on even years regardless of the fact that i support him 12 months a year and he hasnt seen or even spoken to the other parent in 2 years. so the breakdown of advanced payment numbers is as follows: child 1 $3600/2=1800/6=300 . child 2 3000/2=1500/6=250. child 3(stepson) same as child 2. (300+250+250) * 6months = $4800.
Line 5 of schedule 8812 says : how many are you claiming--2-okay then you get $6600. (the rates here should be aligned with 2020 numbers instead of going by 2021 rates since 2020 is what the irs had to go off of)
Line 14f says: how much have you received already? $4800 aka your advanced tax payment(Based on 2020 when i claimed 3 instead of 2)
So we have $6600 (2021 rate) - $4800 (2020 rate) and so arises the over payment discrepancy which isn't forgivable for some reason?
----It is true that a Taxpayer that did receive advance payments but no longer has a dependent might have that over-payment forgiven but that is not your situation.---- why would this be forgiven when my situation is not? Im still supporting the kid and have been the entire time while his other parent ignores him and still claims him every other year but that isnt forgivable ? What's more, I have plugged in the numbers as if i didnt receive advanced payments for the child in question to simulate this and still received no payment protection;or if i did acquire protection i cant see any visual proof that this occured.
I just need clear language on what is deemed forgivable and i also need what line on schedule 8812 or on the 1040 where this $2000 protection occurs even if it doesn't apply to my situation just so I can satisfy my curiosity. If i had more time i would simulate this event for myself, but again the 3 kids keep me pretty busy when im not working
