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I’m a part time student and also independent. Am I able to revive the stimulus check? I’m only taking 3 classes which renders me as a part time student. I believe I read somewhere that part

 
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3 Replies
DavidS127
Expert Alumni

I’m a part time student and also independent. Am I able to revive the stimulus check? I’m only taking 3 classes which renders me as a part time student. I believe I read somewhere that part

If you filed a tax return in 2018 or 2019, and were not a dependent on another person's tax return in those years, you should be "on the list".  Use the Get my Payment button at this link under the section "Filers: Get Your Payment" to check on the status of your payment.

 

If you didn't file a tax return in 2018 or 2019, but were required to do so under the rules, you'll need to file your tax return(s) to "get on the list".

 

If you were not required to file a tax return in either 2018 or 2019, use the "Non-Filers: Enter Your Payment Info Here" section at this link to provide your payment information to the IRS.  Or, you can use the TurboTax Stimulus Registration product at this link.

 

Note that "not required" to file a tax return is not the same as "required to file but didn't".  

 

See the section of IRS Publication 501 at this link for the Table 1 chart with the gross income amou...

 

See IRS Publication 501 Table 3 for the other situations that require you to file a U.S. tax return,...

 

Here is a summary of stimulus payment eligibility:

  • You don't need to sign up or fill out a form to receive a payment if you've been working and paying taxes since 2018.  Or, if you are on Social Security, you won't need to take any action. 
  • If you made less than $75,000 in 2019, you will be eligible for the full payment of $1,200. Couples who filed jointly and made less than $150,000 will get $2,400.
  • An individual who filed as "head of household" and earned $112,500 or less gets $1,200.  For every child in the household, you will receive an additional $500.
  • If you made more than $75,000, your payment will be reduced by $5 for every $100 of income that exceeds the limits. So if you made $80,000 in 2019, you will receive $950. The payment decreases to zero for an individual making $99,000 or more or a couple making $198,000 or more.
  • If you're a family of four, you’ll be eligible for a maximum of $3,400.
  • Dependents older than 16 at the end of 2019 and people without a Social Security number are not eligible for a stimulus payment.
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Hal_Al
Level 15

I’m a part time student and also independent. Am I able to revive the stimulus check? I’m only taking 3 classes which renders me as a part time student. I believe I read somewhere that part

If you filed a tax return in 2018 or 2019, and were not a dependent on another person's tax return AND you did not check the box, on your form 1040, that said you could be claimed as a dependent, you should be eligible for the stimulus payment.

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Under the CARES Act, if you are claimed as a dependent on someone else’s return you cannot receive a stimulus check, in 2020.   If you were claimed as a dependent for 2019, but will not be for 2020, you will most likely get it  in 2021.

When you file your  2020 return in 2021, you will have the opportunity to report the amount of the stimulus check(s) you did receive, and if it was less than what you were entitled to, you will receive a credit on your 2020 tax return.

"In essence, the stimulus check acts as an advance of your 2020 income tax refund. This means when you prepare your 2020 income tax return, there will be a line to include the section 6428 credit. The credit on your 2020 return is subtracted by any amount received as a stimulus check in 2020. If the amount you received as a stimulus check is less than the credit you are due, the difference will be included as part of your 2020 refund. If you have been overpaid by receiving the stimulus check, however, you will not be required to return any excess amount".

Reference: https://www.dailylocal.com/news/coronavirus/what-does-the-stimulus-check-mean-for-your-taxes/article...

Hal_Al
Level 15

I’m a part time student and also independent. Am I able to revive the stimulus check? I’m only taking 3 classes which renders me as a part time student. I believe I read somewhere that part

''I believe I read somewhere that part time students cannot be claimed as a dependent"

 

Not exactly. 

There are two types of dependents, "Qualifying Children"(QC) and standard ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, full time student status, a relationship test and residence test. Only a QC qualifies a taxpayer for the Earned Income Credit.

Being a part time student, over age 18, means you cannot be claimed under the QC rules, where there is no income test. If your income was less than $4200, you may (probably) still  be claimed under the Qualifying Relative rules. 

See full rules at: https://turbotax.intuit.com/tax-tools/tax-tips/Family/Rules-for-Claiming-a-Dependent-on-Your-Tax-Ret...

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