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My husband and I received our 3 children’s advance child tax credit payments into our joint account. How much do I put for each of us on the section where it asks amount?

Do I divide the full amount and put half for him, half for me? Or put the full amount for one spouse and 0 for the other? Or full amount for both spouses?
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2 Replies

My husband and I received our 3 children’s advance child tax credit payments into our joint account. How much do I put for each of us on the section where it asks amount?

On a joint return, TurboTax should be asking you how much did you both receive combined .

 

You are filing joint, but it is always possible that you both had your own separate dealings with the IRS.

rjs
Level 15
Level 15

My husband and I received our 3 children’s advance child tax credit payments into our joint account. How much do I put for each of us on the section where it asks amount?

You will each get a letter from the IRS later this month showing how much was paid to each of you. In TurboTax enter the exact amount shown in each letter. Do not file your tax return until you get the IRS letters.


Since you have the Child Tax Credit, the IRS cannot send you your refund until late February, so there is no benefit in rushing to file early.

 

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