Advanced Child Tax Credit/Stimulus - Divorce

[Carolg516]

My divorce was finalized in 2021. My husband and I received the advanced child tax credit and third stimulus in 2021 and split everything 50/50. This year I am filing HOH and claiming the qualifying child on my return. How do I document the advanced child tax credit and stimulus that we received? Do I claim only the amount on my Form 6419 or both mine and my husband's? What about the stimulus- do I claim the entirety of that on my return as well, just mine and my child's, or just mine? Thanks in advance! 

[RaifH]

You claim only the amount of Advanced Child Tax Credit reported to you in Letter 6419. This will result in getting more Child Tax Credit which is fine. Your ex-husband will also need to report the amount he received on his return and may have to repay them on his 2021 tax return if he does not qualify for forgiveness, but that will not impact your tax return. 

Likewise, with the stimulus payment, you will want to report the amount you received reported on Letter 6475. This should be half the amount your entire household received. If you are otherwise eligible, you will receive additional money on your tax return. If you did not receive this letter, you can create an account on the IRS website to verify this information. Once you create an account:

1. Log in on the IRS website 
2. Click on View Tax Records. 
3. Scroll down to Economic Impact Payment Information and click the + sign next to 2021 to view the amount of stimulus you received for Economic Impact Payment 3 which is what will be reported on your 2021 tax return. 

[Carolg516]

Thanks so much! This really helps to clarify things.