zellmerj
Returning Member

Dependents and Stimulas

I have three student adult dependents and with my income, I do not qualify for the stimulus payments for me or my dependents. Why should I NOT claim them on my 2020 1040 as dependents to get a $500 credit so they can qualify for the $1400 third stimulus  payment? Each has already filed their 2020 taxes and checked that someone could claim them as a dependent - do I need to amend their returns or simply not claim them as dependents when I file my 2020 1040?

 

Thanks