kathyc2

My balance due was supposed to come out on 4/15. It's finally showing on bank account with today as withdrawal date.

I would send the 2020 return in first and wait for refund before sending 2019. During COVID I think expecting IRS to apply 2020 overpayment to 2019 will cause nothing but headaches. Both returns could be in the limbo zone for months and months.

I have two 2019 refunds still outstanding. Luckily, they are both small amounts. At the beginning of season IRS said around 6 million 2019 returns not yet processed.

Is it possible you can just scale back? I'm at a point in life where I don't actually "need" the money. This year has been quite stressful and I admit it's been quite freeing to play the Seinfeld Soup Nazi and tell clients this is their last year. For the clients where there is mutual respect, I'll keep doing returns for several years. The ones that want to be demanding jerks can do so elsewhere.

Actually, the support test doesn't really apply, since payments from state do not count as child providing over 1/2 of their own support. That's what I was thinking, but hadn't found verification of it before I posted. |From Pub 501: Example 2. You provided $3,000 toward your 10-year-old foster child's support for the year. The state government provided $4,000, which is considered support provided by the state, not by the child. See Support provided by the state (welfare, food benefits, housing, etc.) , later. Your foster child didn't provide more than half of her own support for the year.

TP has foster child placed by state in their home from Dec 2019 to July 14, 2020. Am I correct that the money received from state does not count as child providing own support? Since it was over 1/2 year they are entitled to CTC? And also qualifies for add'l 1,100 for recovery rebate?

There has been some crazy stuff with this. Married couple also in their 80's on EIP2 he got it and she didn't. This was back when we could look it up or I wouldn't have believed them!

After I got short with her, she looked again and discovered that she did receive it! Arrggghh!

85 year old client insists she did not receive first 1,200 payment. She says she received the 600 and get my payment shows 1,400 is on way. For all the years in question 2018-20 her income has been below filing threshold and no withholding. So annoying that we can't look that up. She doesn't have an e-mail to set up an online account. I assume IRS computers are checking recovery claims? If I have her file that she did not receive the 1,200, and IRS says she did, they just don't send it and no harm?

Thank you! Exactly the type of confirmation I was looking for.

It doesn't seem correct that both parents should receive the total amount the same child. But as quickly as they threw this together, it could be an oversight. Pacun, can you share the source of your information?

Greetings. I'm confused on recovery credit for separated or divorced payment that alternate claiming children. On 2019 return mother claimed children and presumably received the EIP. Father (my client) will claim kids on 2020 return. It doesn't seem like he should get the credit, but the Recovery worksheet doesn't seem to address the issue, nor does anything that I'm finding....