turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sero18339
New Member

I was a dependent in 2020, so my parent received the third stimulus payment, I am independent for 2021, do I qualify for the recovery rebate?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

I was a dependent in 2020, so my parent received the third stimulus payment, I am independent for 2021, do I qualify for the recovery rebate?

If you do not qualify as a dependent on someone else's 2021 tax return then you would be eligible for the 2021 Recovery Rebate Credit on your 2021 tax return.

I was a dependent in 2020, so my parent received the third stimulus payment, I am independent for 2021, do I qualify for the recovery rebate?

Yes in fact you can get the 3rd EIP payment on your 2021 return if you cannot be claimed as someone else's dependent for 2021.   Even if your parents got it based on claiming you for 2020, the recovery rebate credit is really based on 2021.   Your parents do not have to pay it back and you end up getting it too --- Congress left a huge loophole that allows it.

**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.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question