Before I understood the rules governing the distribution of the COVID stimulus payment(s) I (as parent) filed our return claiming our younger son as a dependent. He filed his return indicating he could be claimed as a dependent on someone else's return (ours). I believe this prevents our son from receiving the stimulus check payment(s).
If I amend our return to remove our son as a dependent so he will be eligible for the stimulus will that be sufficient to reclassify my son and cause the stimulus payment to be transferred? (Yes, I know this will increase my taxes - but he would love the extra cash!). Do I also have to amend his return to remove the "can be claimed as a dependent" box? (I did run "Amend a filed return" TurboTax (desktop) but couldn't find this setting to clear.)
Any help is appreciated!
Thanks,
Bill
