I am trying to figure out the rebate for the third stimulus issued around March 2021 for my particular situation. I’ve searched around a lot, but I still haven’t found a concrete answer…
I was (rightfully) claimed as a dependent by my parents for the 2019 and 2020 tax years. Because of that, my parents received an additional $1400 in March 2021 from the third stimulus because according to 2019/2020, I was their dependent.
For the 2021 tax year, I am now independent, will claim my own standard deduction, and they will not be claiming me on their 2021 taxes. Does this mean I am eligible for the $1400 stimulus since it did not go directly to me in March 2021? If I am eligible, will this be seen as double dipping since my parents received $1400 on my behalf in March 2021? Will my parents have to owe the $1400 for it to be issued to me?
Thanks in advance!
