lizzarr
Returning Member

3rd Stimulus Payment

When I filed my 2019 taxes I claimed my 17 year old son as a dependent. I have not yet filed my 2020 taxes. I received $2800 a few weeks ago (1400 for me and 1400 for him). My son moved out in 2020 so when I file my taxes I will not be claiming him as a dependent. He has already filed his 2020 taxes and checked that he was not a dependent and received his refund a couple of weeks ago. Today he calls me to tell me he got the 3rd payment in the amount of $1400 direct deposited into his account. What is going to happen when I file my taxes? Will they take the money that they already gave me back? Or will they take it from him since he should not have gotten it? I have read some things that say they will not be recovering overpayments. However I have since spent the money they gave me for the 3rd payment. Should I have him hold onto it?