"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. " that is indeed my situation unless the other parent decides not to claim him this year; in which case i would not need to worry about the forgiveness aka overpayment protection.
im head of household agi under 50k.
claimed 3 dependents in 2020 ---- 6(250+250+300)= 4800
claiming 2 dependents in 2021---schedule 8812 ==6600
also schedule 8812: 6600-4800= refundable credit
###No repayment protection## This is my question
If the other parent lets me claim the 3rd dependent:
claiming 3dependents in 2021---schedule 8812 ==9600
9600-4800= refundable credit
What you're saying is because there is an option to switch which child the advanced credit money is allocated to, i dont deserve forgiveness. If i only had 1 child whom i only claimed on odd years, then i would be forgiven had i received money. Do You Not See the Hypocrisy embedded in these situations?
