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Deductions & credits
@Opus 17 wrote:
@xmasbaby0 wrote:"If someone else could claim you as a dependent in 2021, then you were not eligible then for the stimulus money and are not eligible now for the recovery rebate credit."
This is not entirely correct. There is a situation where a child can claim the AOTC
Xmasbaby said "Recovery Rebate" ($1400 on the tax return if they did not receive the $1400 EIP), not AOTC. 🙂
‎January 22, 2025
8:35 PM