You'll need to sign in or create an account to connect with an expert.
You will get the $500 for your two children. The stimulus money is based on a 2019 return or a 2018 return if a 2019 was not filed. The stimulus money is a tax break for 2020, so you would get the credit on your 2020 return.
You claim a baby the year they are born in.
You will get the $500 for your two children. The stimulus money is based on a 2019 return or a 2018 return if a 2019 was not filed. The stimulus money is a tax break for 2020, so you would get the credit on your 2020 return.
You claim a baby the year they are born in.
Stimulus checks will be based on information from your most recent tax filings, either 2019 or 2018 if you have not yet filed this season.
Under the 2020 CARES Act, you will not receive a $500 payment for the child born in March of 2020. However, the situation is very fluid. Follow the news should there be a change in the law.
Please see this TurboTax Help.
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.
Samantha514
Returning Member
Rissdel613
Level 1
r-corpeno9940
New Member
Sherr3621
Level 3
boylansteve
New Member