Lee B Posted February 1, 2022 Report Posted February 1, 2022 https://www.irs.gov/pub/newsroom/fs-2022-06.pdf Wow, 24 pages of FAQs, it's enough to make your head spin! Quote
TexTaxToo Posted February 1, 2022 Report Posted February 1, 2022 And today, 26 pages: https://www.irs.gov/pub/newsroom/fs-2022-07.pdf Quote
Possi Posted February 1, 2022 Report Posted February 1, 2022 thanks~ wordy but great information. I appreciate it. Quote
Janitor Bob Posted February 9, 2022 Report Posted February 9, 2022 Unfortunately, neither of these addresses the MFJ to MFS "Double-Dipping" Quote
Lion EA Posted February 10, 2022 Report Posted February 10, 2022 With the ACTC, the double-dipping issue is solved by the person who does not qualify on his 2021 return having to pay it back -- unless they qualify for payment protection due to low income. He had a chance to opt out and did not. For the EIP/RRC, there is no pay-back provision. So, dependents going back and forth due to a divorce, for example, can create an EIP for one parent and then an RRC for the other parent. Our tax dollars at work. Quote
Lee B Posted February 10, 2022 Author Report Posted February 10, 2022 Uodated FAQs for EIP3 were released a few days ago Quote
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