Past: I filed MFJ in 2020 with 2 kids (>16 yrs).
Current: 2021 will be MFS. The 2 kids will be on my tax return & husband w no kids on his RTN.
Regarding the ACTC:
Do I claim what is on IRS LTR 6419 for myself on my tax return or combine both my husband IRS LTR 6419 onto mine as well? That was what I initially did, it makes sense to do so. I received 3k, so I put 3 k down since I am claiming my 2 kids on my return. Then on my husband tax return, I put $0 on his ACTC because I already put it on my return.
BUT what if IRS wants the husband's RTN to show the ACTC because he received the IRS LTR 6419?
SECOND option that I am puzzled on:
If I claimed according to what the IRS LTR 6419 says, this means, even though I (both husband and I) received 3k, I will only put $1500 on my return per the IRS LTR 6419 (this will result in a larger credit which to me looks incorrect)...and.....for my husband return with no kids, I would put down that he received $1500 even through he is not claiming any kids. This will make him owe more tax liability, which also looks odd.
Regarding the 3rd stimulus:
Same issue here, MFS w 2 kids, I received 1400x3= $4200 in 3rd stimulus, but the IRS LTR says I received $2800 because it's half of what my 2020 filing status was MFJ with 2 kids. ($5600/2).
Do I put $2800 or $4200?
What I don't want to see happening is that IF I'm filing correctly by claiming the correct amount received in ACTC of 3k and $4200 on my return and file $0 in ACTC and $1400 on my husband tax return, is I do not want to see the IRS adjust my husband tax return to show that he received $1500 in ACTC on his tax return which will increase his tax liability and no adjustment made on my tax return.
Does this make sense to anyone? Can anyone answer this concern?
