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, student status, a relationship test and residence test. Only a QC qualifies a taxpayer for the Earned Income Credit and the Child Tax Credit.
Since you were not a full time student and are over 18, you cannot be a QC dependent. We then look to see if you can be a standard dependent.
A person can still be a Qualifying relative dependent, if not a Qualifying Child, if he meets the 6 tests for claiming a dependent:
In either case:
I believe I qualify as a Relative Dependent. In this case I must indicate that "Someone else can claim me as a dependent on their tax return." correct? As for "And this person will claim me on their 2020 tax return." I am going to indicate No because the individual choses not to claim me as a dependent. Thank you.
That is correct,
But why is the other person not claiming you? They lose out on the $500 Other dependent credit because they don't claim you, but you still lose out on the $1800 stimulus because you CAN be claimed.
I will have to discuss it with them again. I was unaware I would be able to receive stimulus being claimed as a dependent?
" I was unaware I would be able to receive stimulus being claimed as a dependent?"
No. Just the opposite. You can only get the stimulus if you are not claimed as a dependent AND you do not check the box on your form 1040 that says you CAN be claimed as a dependent.
Okay that is what I thought originally. I read your previous statement wrong. My apologies. So basically I don't get the stimulus either way because I must indicate that I can be claimed (via relative dependent), and by being claimed they at least receive the $500 credit?