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Level 2
February 18, 2022
Solved

I was a dependent for 2020 but am not for 2021, TT is ask if I got 3rd check. Me no, parents yes. It is giving me a 1400.00 credit when I answer no. Should I answer yes?

  • February 18, 2022
  • 5 replies
  • 34 views
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Best answer by VolvoGirl

If you were a dependent on a 2020 return but filing independent for 2021

you can get it now and they don't have to pay it back.  So say NO you did not get one.

 

The 3rd Stimulus payment is really based on 2021.  The IRS just sent the checks out using 2020 to get them out fast.

 

See IRS Topic B first question

Questions and Answers about the Third Economic Impact Payment — Topic B: Eligibility and Calculation of the Third Payment | Internal Revenue Service

5 replies

DoninGA
Level 15
Level 15
February 18, 2022

Since You did not receive the 3rd stimulus payment in 2021, then you should answer No.

llkadAuthor
Level 2
February 19, 2022

Thanks! But turbo tax actually told me to answer NO but then after I told them about the Stimulus Checker saying I should not receive the rebate they changed to yes so I am thoroughly confused.

VolvoGirl
VolvoGirlAnswer
Level 15
February 19, 2022

If you were a dependent on a 2020 return but filing independent for 2021

you can get it now and they don't have to pay it back.  So say NO you did not get one.

 

The 3rd Stimulus payment is really based on 2021.  The IRS just sent the checks out using 2020 to get them out fast.

 

See IRS Topic B first question

Questions and Answers about the Third Economic Impact Payment — Topic B: Eligibility and Calculation of the Third Payment | Internal Revenue Service