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peternsb3
New Member

3rd stimulus check received by parents since I was a dependent. I started working in 2021, now filing my own taxes. How do I answer if and how much I received it?

 
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3 Replies

3rd stimulus check received by parents since I was a dependent. I started working in 2021, now filing my own taxes. How do I answer if and how much I received it?

You say NO you didn't get it yourself.  You can get it on your tax return even if they already got it for you and they won't have to pay it back.  It's legal.

3rd stimulus check received by parents since I was a dependent. I started working in 2021, now filing my own taxes. How do I answer if and how much I received it?

If you cannot be claimed as a dependent on a 2021 tax return then you are eligible for the 3rd stimulus payment of $1,400 on your 2021 tax return.  When asked if you received the payment answer No.

3rd stimulus check received by parents since I was a dependent. I started working in 2021, now filing my own taxes. How do I answer if and how much I received it?

If you were claimed as a dependent for 2020--YOU did not receive the stimulus money.  Your parents received it.   The stimulus was a credit that you can get on a 2021 tax return----but the IRS sent out the payments in a hurry so people received the payments based on their 2020 returns.   They do not have to pay it back even if they do not claim that dependent on a 2021 return.  But the "loophole" in the law lets you get it now on your own return---so enjoy the $1400!  

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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