Now that it appears there is a second stimulus check, this is a pertinent consideration again. While I claimed my daughter in 2019 as a college student, she will be married in 2020 and filing jointly.
If I am reading this correctly, when she does her 2020 taxes in spring of 2021, she will actually qualify for the two 2020 stimulus checks (presuming the one being discussed for August happens).
Is that accurate?
I am considering amending the 2019 taxes to not claim her, but if her married status in 2020 will rectify it that does not seem necessary. I did pay her $1200 out of pocket in the spring as I felt she should have qualified. She is a poor, working college kid. I was sad to see such adults excluded and we were never going to claim her in 2020 anyway. It sounds like amending 2019 wouldn't make sense of a 2020 reconciliation will happen anyway. Am I understanding correctly?
