in Education
You'll need to sign in or create an account to connect with an expert.
There are not really any benefits to the person who is being claimed as a dependent. All the benefits (if any) will go to the person who is claiming the dependent.
If you are being claimed as a dependent and you are required to file a tax return, then you may receive a lesser tax refund than if you had not been claimed. It all depends on your income whether your return is greatly affected by being claimed as a dependent.
However, with regard to the current stimulus payments that are being sent to taxpayers, if you are claimed as a dependent or eligible to be claimed as a dependent on another return, then you do not qualify to receive the stimulus payment. That is a definite drawback at this current time.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17706704064
New Member
in Education
clbckr
New Member
user17706633330
New Member
user17706632792
New Member
yesiniavazquez29
New Member