I had filed my 2019 tax return with claiming my son as an Adult dependent.
And my son filed his return without claiming himself just to file a 2019 Income Tax Return to get a Stimulus check. However, we both found out that my son is NOT eligible for the stimulus check since he was claimed as a dependent in my tax return.
I want my son to get this stimulus check of $1200 since he needs that.
So I am thinking about filing an Amended 2019 Tax Return without claiming him as a dependent. And my son will file his Amended Return WITH claiming himself.
If we both do this, will my son get a stimulus money of $12000?
Does changing dependent status causes any kind of issues with IRS for my tax return?
Since the Amended return will take time to be processed by IRS, the stimulus money will still be available to be distributed based on these Amended returns?
Appreciating your response,
