$500 Child Stimulus Credit

[Awshelby]

So when doing my taxes on TTax this year, I claimed my 10 month old son as an “other dependent” instead of “child tax credit”, based on TTax suggestions to “optimize my refund”. I have now received my $1,200 stimulus check, but not the extra $500 for my son, even though I received credit for him on my refund. Is there anything I can do to go about getting the extra $500 in arrears? It would be very extremely helpful right now and I cannot seem to find any info ANYWHERE, even on the IRS website. And of course they are not taking phone calls or appointments due to reduced staff. Any help or tips or resources are appreciated!

[ReginaM]

Unfortunately, IRS is implementing guidelines on the Stimulus Payments which has not been released to us yet.  However, if you filed  your return incorrectly, the very first place to start is to file an amended 2019 tax return.  Here's how:

In order to file an amended return, make sure that your 2019 return was accepted in TurboTax Online or paper-filed through the mail by the IRS.

To prepare an amended return through TurboTax, follow these steps:

1. Sign in to TurboTax.
2. Scroll down to Your tax return & documents (you may need to select Show), select 2019 and then Amend (change) return.
3. Select Amend using TurboTax Online.
4. Carefully follow the instructions. Don't worry if your refund changes to $0. This is normal on amended returns.
5. When finished, we'll give you instructions for printing and mailing your amended return as amendments can't be e-filed.

In the meantime, you can visit the following links for the most recent updates:

TurboTax Corona Virus Updates or IRS Corona Tax Relief.