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ACTC FAQs


Lee B

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  • 2 weeks later...

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.

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