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Stimulus Payment Qualifications
I have been a full time graduate student and as a result I didn't have to file taxes in 2018/2019. My parents claimed me as a dependent on their 2019 taxes. They are not claiming me as a dependent on their 2020 taxes. My 2020 AGI is approximately $25,000. As I am doing my 2020 taxes on Turbotax software it determined I am both eligible for the first stimulus payment of $1200 and the second stimulus payment of $600 (so a total of $1800). Is this accurate considering in 2019 I was claimed as a dependent on my parent's taxes?
‎February 8, 2021
7:40 AM