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dmb107
New Member

COVID-19 CARES Act $500 tax credit for baby born in 2019

My child was born in 2019, and I did not file taxes in time to receive the $500 dependent stimulus relief. I was told that it would appear as a credit on my taxes when I file my 2019 return, but I do not see it included in the tax refund breakdown. How do I add the $500 CARES credit?

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COVID-19 CARES Act $500 tax credit for baby born in 2019

There is no stimulus credit on a 2019 tax return.  It will be on the 2020 tax return you file next year.

 

IRS website stimulus FAQ's (Question 31) - https://www.irs.gov/coronavirus/economic-impact-payment-information-center#calculating

If you did not receive the full amount to which you believe you are entitled, you will be able to claim the additional amount when you file your 2020 tax return.  This is particularly important for individuals who may be entitled to the additional $500 per qualifying child payments. We encourage everyone to review our “How do I calculate my EIP” question and answer (See question 24).

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2 Replies

COVID-19 CARES Act $500 tax credit for baby born in 2019

There is no stimulus credit on a 2019 tax return.  It will be on the 2020 tax return you file next year.

 

IRS website stimulus FAQ's (Question 31) - https://www.irs.gov/coronavirus/economic-impact-payment-information-center#calculating

If you did not receive the full amount to which you believe you are entitled, you will be able to claim the additional amount when you file your 2020 tax return.  This is particularly important for individuals who may be entitled to the additional $500 per qualifying child payments. We encourage everyone to review our “How do I calculate my EIP” question and answer (See question 24).

dmb107
New Member

COVID-19 CARES Act $500 tax credit for baby born in 2019

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