Deductions & credits

for children, the law states the stimulus checks will reflect $500 for each QUALIFIED child

 

A qualified child is under the age of 17.  

 

Children over the age of 16 will not qualify.

 

Further, if you are a dependent of someone else, you will not receive the $1200.

 

So your college age child (or senior in high school) who is still a student but files a tax return will not qualify for with the $1200 or the $500. 

 

Your elderly parent who you support and is your dependent on your tax return won't receive the $1200 either.