@nooreddin - you are NOT a dependent and your parents CAN NOT claim you.
you have a few options,
1) amend and let the IRS know you are NOT a dependent. Could take 16 weeks minimum for this to occur with no guidance from the IRS whether they will send out the stimulus immediately after processing the amendment. Maybe they will and maybe the won't.
2) wait until the 2020 tax return and resolve at that point. You'll know not to declare that someone else can claim you as a dependent 🙂
- The stimulus payments are really based on your 2020 tax return (income, dependents, etc).
- The IRS is using either 2018 or 2019 – whatever is available - to ESTIMATE that payment
- When you file next year there will be a “settle up” section on the tax return.
- If you are due more stimulus (and this would include where you simply never received it), you will receive it through the 2020 tax filing as an additional refund
- If you received too much stimulus (not the issue here), by law , you are not required to return it
make sense?
