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The third stimulus from the IRS was only $1,400 for each taxpayer and dependent entered on a 2020 tax return.
Where are you getting the amount of $7,000?
When filing separately you only enter the amount of stimulus funds you personally received.
Do you mean you received advance monthly child tax credit payments? Did you get IRS letter 6419 for the payments? If so, yes, you enter those payments as shown on your letters under each of your names.
Yes we have 3 dependents
Then yes---each of you has to enter the amount from your own letter 6419 so that the software can calculate the rest of the child tax credit that you can receive. If you answer incorrectly your refunds will be delayed for months.
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