I didn't qualify for either of the first two stimulus checks because I was a claimed as an adult dependant. Will I be able eligible for a recovery rebate tax credit for them on my tax return this year or am I still ineligible for any of those payments?
You'll need to sign in or create an account to connect with an expert.
Yes, you can receive the Recovery Rebate Credit on your 2020 tax return as long you do not indicate that you can be claimed by someone else on their 2020 tax return and no one claims you on their 2020 tax return.
The amount you are eligible for is based on stimulus rounds one and two and the information in your 2020 tax return. TurboTax will make the calculations for you as you answer the interview questions for your tax return.
Here is a link with more information on the Recovery Rebate Credit eligibility and calculations.
Thank you so much for the reply! Would I need to mail in for my return or am I able to do it electronically to claim it when I file?
Yes, you can e-file your income tax return if you are claiming the Recovery Rebate Credit.
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.
Ktowen89
New Member
ladder3bridge
New Member
jamesctackett1960
New Member
GordoD1
Returning Member
Callindril
Level 2