topic over payment in Deductions & credits

over payment

gillilandt — Wed, 05 May 2021 19:51:58 GMT

I mistakenly put my child as a dependent. When I realized it I amended my tax return. Problem is IRS already sent me the 1400 dollars for my kid. When I amended form they charged me 500 dollars but not the 1400. So can I keep that money?

Re: over payment

AmyC — Thu, 06 May 2021 22:28:22 GMT

Currently, the IRS states that they are not expecting repayments. The $500 was the child tax credit for a child over 16.

Re: over payment

gillilandt — Thu, 06 May 2021 23:06:53 GMT

But then they sent me 1400 dollars for covid-19 relief for my dependent. But I amended my tax form to remove dependent.

Re: over payment

ColeenD3 — Sun, 09 May 2021 19:37:05 GMT

As AmyC said, they are asking for the Credit for Other Dependents back.