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Amending my 2020 taxes

I've already filed and received my tax refund from my 2020 taxes. I made an error on my 2020 taxes (I checked that I could be claimed) and did not receive the recovery rebate credit. If I amend my 2020 taxes, will I receive the recovery rebate credit and the third stimulus check this year? Thank you again for the help

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1 Best answer

Accepted Solutions
DMarkM1
Employee Tax Expert

Amending my 2020 taxes

Yes, if you have not been claimed by someone on their 2020 tax return and you amend your return to indicate that you "Cannot be claimed as a dependent," then you would be eligible for the Recovery Rebate Credit and the third stimulus payment. 

 

However, the question you have to answer on your tax return is "Can someone else claim you on their 2020 tax return?  The question is not "Did someone claim you...?"  Below are the criteria for being claimed as a dependent either as a qualifying child or qualifying relative.  

 

If you fail both sets of tests then you "Cannot be claimed as a dependent...? You would indicate that on your tax return and you would then be eligible for the "Recovery Rebate Credit" for the first and second round payments.  You would also be eligible for the third round.

 

The key questions are:  Are you a student?  Did you provide less than 1/2 of your support?  If no, to either one of those then did you make at least $4300 gross income for the year 2020?"  If yes, then you are not a dependent.   

 

If you do qualify as a dependent you would indicate that on your return and whoever can claim you in 2020 should claim you on their return. If they claim you, they would then receive the third round payment for you.  

 

Qualifying child:

  1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them.

  2. The child must be (a) under age 19 at the end of the year and younger than you (or your spouse if filing jointly), (b) under age 24 at the end of the year, a student, and younger than you (or your spouse if filing jointly), or (c) any age if permanently and totally disabled.

  3. The child must have lived with you for more than half of the year.

  4. The child must not have provided more than half of his or her own support for the year.

  5. The child must not be filing a joint return for the year (unless that joint return is filed only to claim a refund of withheld income tax or estimated tax paid).

Qualifying Relative:

  1. The person can't be your qualifying child or the qualifying child of any other taxpayer.

  2. The person either (a) must be related to you in one of the ways listed under Relatives who don't have to live with you , or (b) must live with you all year as a member of your household (and your relationship must not violate local law).

  3. The person's gross income for the year must be less than $4,300.

  4. You must provide more than half of the person's total support for the year.

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2 Replies
DMarkM1
Employee Tax Expert

Amending my 2020 taxes

Yes, if you have not been claimed by someone on their 2020 tax return and you amend your return to indicate that you "Cannot be claimed as a dependent," then you would be eligible for the Recovery Rebate Credit and the third stimulus payment. 

 

However, the question you have to answer on your tax return is "Can someone else claim you on their 2020 tax return?  The question is not "Did someone claim you...?"  Below are the criteria for being claimed as a dependent either as a qualifying child or qualifying relative.  

 

If you fail both sets of tests then you "Cannot be claimed as a dependent...? You would indicate that on your tax return and you would then be eligible for the "Recovery Rebate Credit" for the first and second round payments.  You would also be eligible for the third round.

 

The key questions are:  Are you a student?  Did you provide less than 1/2 of your support?  If no, to either one of those then did you make at least $4300 gross income for the year 2020?"  If yes, then you are not a dependent.   

 

If you do qualify as a dependent you would indicate that on your return and whoever can claim you in 2020 should claim you on their return. If they claim you, they would then receive the third round payment for you.  

 

Qualifying child:

  1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them.

  2. The child must be (a) under age 19 at the end of the year and younger than you (or your spouse if filing jointly), (b) under age 24 at the end of the year, a student, and younger than you (or your spouse if filing jointly), or (c) any age if permanently and totally disabled.

  3. The child must have lived with you for more than half of the year.

  4. The child must not have provided more than half of his or her own support for the year.

  5. The child must not be filing a joint return for the year (unless that joint return is filed only to claim a refund of withheld income tax or estimated tax paid).

Qualifying Relative:

  1. The person can't be your qualifying child or the qualifying child of any other taxpayer.

  2. The person either (a) must be related to you in one of the ways listed under Relatives who don't have to live with you , or (b) must live with you all year as a member of your household (and your relationship must not violate local law).

  3. The person's gross income for the year must be less than $4,300.

  4. You must provide more than half of the person's total support for the year.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Amending my 2020 taxes

Thanks for the detailed response! I believe I do qualify as an independent since I provided more than 50% of my support and more than my mother for the year of 2020, although I am a student. I will amend my return on the 25th

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