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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.
March 28, 2020
4:46 AM