Deductions & credits

Robert and Dave,

 

Thanks again for your help. I wanted to confirm that I can and will receive the tax credit/refund mentioned above if I file a form 1040 for 2020, even with zero income? As it appears to me, I will simply enter zero's for all the income sections of the 1040 and fill in the relevant credits (ie. line 73 of the 1040)? 

 

I have been living with my parents and studying/traveling all year and need to confirm if I can reliably budget the ~$16,000 mentioned above for my 2021 financial planning.

 

Thank you!!

 

Eric