turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sip3s
New Member

Alternating years I claim my dependent. Do I have to pay back the extra $1400?

Me and my son's mother alternate the years we claim him. I claimed him for 2020 so I received the third stimulus in early 2021 of $1400 for him. Do I have to pay that back when I file for 2021 since I cannot claim him?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Alternating years I claim my dependent. Do I have to pay back the extra $1400?

No you do not have to pay it back.  But you do have to say on your return that you received that much.    And this time if his mom claims him for 2021 she gets it too.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

1 Reply

Alternating years I claim my dependent. Do I have to pay back the extra $1400?

No you do not have to pay it back.  But you do have to say on your return that you received that much.    And this time if his mom claims him for 2021 she gets it too.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question