Although some filers, such as high-income filers, will not qualify for an Economic Impact Payment, most will.
Taxpayers likely won't qualify for an Economic Impact Payment if any of the following apply:
- Your adjusted gross income is greater than
- $99,000 if your filing status was single or married filing separately
- $136,500 for head of household
- $198,000 if your filing status was married filing jointly
- You can be claimed as a dependent on someone else’s return. For example, this would include a child, student or older dependent who can be claimed on a parent’s return.
- You do not have a valid Social Security number.
- You are a nonresident alien.
- You filed Form 1040-NR or Form 1040NR-EZ, Form 1040-PR or Form 1040-SS for 2019.
All Others $0 - $75,000 If you have 3 qualifying children, you would receive $1,500 ($500 for each) on top of the $1,200. Your EIP would be $2,700.
Does any of that above state that if you are an adult dependent on someone's tax return who is not a parent makes you ineligible to receive a stimulus check.... I mean they even have the 5% phase out... but even the children get $1200 regardless of the fact that they were claimed as a dependent. I don't see where all dependents are disqualified from stimulus and don't see some dependents are disqualified. So why don't i see that?
