Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 18, 2021 6:25:05 PM

Third Stimulus Payment and Changes to Dependents between 2019 and 2020

We received 3rd round stimulus payments of $1400.00 for each of our children prior to filing our 2020 return.
These payments were based on the information on our 2019 tax returns as we had not filed for 2020 yet.

 

One of our children is not being claimed as a dependent on our 2020 return as he is no longer a full time student.  He was on our 2019 return.

Question: Based on the above do we owe the $1400.00 back to the Goverment?

0 1 172
1 Replies
Level 15
Apr 18, 2021 9:25:54 PM

No, you don't have to pay it back. Stimulus payments do not have to be paid back if your eligibility changes from one year to the next.