topic Anyone else file their 2019 taxes without issues claiming dependents and NOT receive the $500 per dependent in the stimulus payment that went out? in Get your taxes done using TurboTax

Anyone else file their 2019 taxes without issues claiming dependents and NOT receive the $500 per dependent in the stimulus payment that went out?

ProudMommy383 — Wed, 15 Apr 2020 21:31:15 GMT

Re: Anyone else file their 2019 taxes without issues claiming dependents and NOT receive the $500...

JotikaT2 — Wed, 15 Apr 2020 21:54:09 GMT

The $500 per dependent only applies to dependents who were under the age of 17 as of December 31st.

If you had a dependent who was 17 on December 31st, they would not be eligible for the $500 dependent credit.

What does the stimulus package mean for you?

Re: Anyone else file their 2019 taxes without issues claiming dependents and NOT receive the $500...

ProudMommy383 — Wed, 15 Apr 2020 21:57:32 GMT

All of my dependents are under the age of 16.

Re: Anyone else file their 2019 taxes without issues claiming dependents and NOT receive the $500...

GiseleD — Wed, 15 Apr 2020 22:25:34 GMT

It sounds like the IRS processed your stimulus, but not the payments for your dependents. As you can imagine, this is a massive undertaking, and there are bound to be some snags on the part of the IRS. If the IRS does not process these payments in 2020, then you can still receive them in 2021 when you file your 2020 return. The stimulus is actually an ADVANCE on a credit on your 2020 return.

@ProudMommy383