Stymulus and child credit

Forum|Forum|4 years ago
March 9, 2022
4 replies
22 views

my kid mom declare my child this year but I declare him last year and I received 3rd stymulus and child credit, I need pay back this money?

DaveF1006

Level 15

No, there is no IRS provision requiring you to pay back the stimulus. Make sure though your kids mom doesn't try to claim a credit on her tax return because it will be rejected as it has been already paid to you.

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BETICO72Author

Level 2

But the advance child credit I need pay back?

JulieS

Level 15

Yes, you may have to pay back the Advanced Child Tax Credit.

There is repayment protection based on income, but you won’t qualify for any repayment protection if your modified adjusted gross income (MAGI) is:

$120,000 if you are married and filing a joint return or if filing as a qualifying widow or widower;
$100,000 if you are filing as head of household; and
$80,000 if you are a single filer or are married and filing a separate return.

The parent who received the ACTC is the only one who may have to pay it back.

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