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adelapaz
Level 1
April 21, 2020
Question

$500 Child stimulus payment

  • April 21, 2020
  • 5 replies
  • 21 views

I got my Stimulus payment of $2,400 nut does not include $500 for my child which was included in 2019 ITR. What do I do?

    5 replies

    SusanY1
    SusanY1
    Level 15
    April 21, 2020

    We have not been told that the IRS plans to make corrections to payment advances, which were intended to be estimates of the credit for taxpayers.

     

    Underpayments can be corrected on 2020 tax returns when they are filed in 2021. 

     

    However, things are always subject to change. 

     

    You can watch these links for updates:

     

    IRS Economic Impact Payment

     

    TurboTax Coronavirus Updates

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    Kimsfltaxes
    Level 2
    February 25, 2021

    I did not receive the $500 for son last year. Due to the divorce decree, I claimed him in 2019 and his dad will for 2020. Is there a way to still get the child stimulus payment?

    Level 15
    xmasbaby0Level 15
    Level 15
    February 25, 2021

    No.   The stimulus is based on your 2020 tax return.   The person claiming him for 2020 gets the check.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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