i did not receive the 2nd stimulas check. This program is only letting me claim 1800, it should be 2400. how can that be fixed.
You'll need to sign in or create an account to connect with an expert.
Are you sure it should be $2,400? What is your filing status, and how many children under 17 are you claiming as dependents on your 2020 tax return?
For the second stimulus payment, you only get a payment for a dependent child who was under 17 years old at the end of 2020. If you are claiming a child or other dependent who was 17 or older as of the end of 2020, you do not get a payment for that dependent.
Yes, My son is 18, but the irs is still giving us money for him . Got it in the 1st stimulus and when I called the irs about second stimulus they said the are still giving stimulus to the 18 year olds. Plus I received stimulus for him on the 3rd stimulus. So the lady at the irs said to claim the whole amount you would have gotten on the second stimulus as a credit on your taxes, but it's not letting me do it. I think it's only fair I get to claim the whole credit I would have gotten if I would have had it deposited in my account when everyone else got there's. I hope that makes sense. Thank you
There's no point in trying to convince me that you should get a larger credit. It's not up to me, or to TurboTax, to determine the amount of the credit you get on your tax return. The amount is determined by the tax laws. Below I will show you how you can see how the tax law determines your credit.
If someone at the IRS told you that they were including 18-year-olds in the second stimulus payment, either that person didn't know what they were talking about, or they misunderstood your question, or you misunderstood their answer. According to the IRS's own statistics, their phone reps give wrong answers to about 1 out of every 12 questions.
You received money for the 18-year-old in the third stimulus payment because the law that established the third stimulus payment eliminated the age limit for the third payment. But the under 17 limitation still applies to the first and second stimulus payments. You didn't say exactly how old your son is. You might have gotten the first stimulus payment for him based on your 2018 or 2019 tax return if he was not yet 17 in the year that your first payment was based on.
You can see exactly how the Recovery Rebate Credit on your tax return is calculated. In the IRS instructions for Form 1040, look at the Recovery Rebate Credit Worksheet on page 59. This worksheet is the IRS-defined method for calculating the credit. TurboTax uses the same IRS worksheet. You can work through it by hand and see how much credit it gives you. Read the steps on the worksheet very carefully. In particular, note that lines 6 and 9 say "the number of qualifying children under age 17 at the end of 2020."
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.
theresavanhoose
New Member
hixsonjason303
New Member
chrisb1350
New Member
floyd2023--
New Member
kissthiss123
New Member