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Deductions & credits
I understand who is custodial and who is non-custodial, only now after the form has been filed. I'm trying to understand what harm or incorrect information would be at stake when we have been claiming the child every other year per a court order. I didn't realize until this year, after filing, that I should not be listing myself as non-custodial. If the non-custodial parent has been listed as custodial on form 8332, what would the issue be for me since it basically states that I am able to claim him for 2020. Does the IRS use custodial information for the stimulus checks or does it use the claim for dependency?
‎February 25, 2021
1:13 PM