How To Get Stimulus Check As A Dependent Reddit

He'll Need To File A 2020 Tax Return For Eip 1 And 2.

Unless the child is completely disabled, they are too old to claim themselves as a dependency. This is because the stimulus checks are an advance payments of a special tax credit it is referred to as the recovery rebate credit on the tax return. This $500 credit goes away if your dependent earned over $4200 that year (or if the parents earned more than $400k).

This Is Basically A $500 Credit Toward Paying Your Taxes At The End Of The Year.

Because she claimed you as a dependent on her taxes, you get 0 stimulus money. If you indicated that you only received $1400 in the turbotax interview then $1400 would be on line 30 as a credit added to your tax refund. This is my first time posting here, so please bear with me.

If Yes, Then Your Parent Or Guardian Likely Did Claim You.

When you file your 2020 return you would qualify for the credit. Am i correct in this assumption?* If someone claimed you as a dependent on their federal tax return, then unfortunately, you won’t get a stimulus check.

Did You File Taxes For 2018 Or 2019?

I hope you guys are having a good day! Millions of americans will get the latest stimulus check and families could get even more with the payment adding up to 2800 for couples and 5600 for those with kids. You don’t qualify for a stimulus payment because you were claimed as a dependent on your father tax return.

If There Is No Amount On Line 30 That Would Mean You Indicated That You Received The Full $2800.

This is different from a tax deduction. We discussed her filing an amendment so i can get the money, but then i realized the third stimulus check gave money for adult dependents. Typically when dependents are referenced for things like this, they mean you get a set allotment for each dependent, your mother isnt legally obligated to give you 1400 dollars.