Already received the 3rd stimulus check. Can my parents claim me as a dependent?

[JKC_TX]

For tax year 2020, I filed my own tax, and my parents did NOT claim me as a dependent. 

I received the 3rd stimulus check ($1,400) in 2021.  (This is the only stimulus check I ever received.)  

My parents are doing their 2021 tax return, and they are NOT eligible for stimulus checks due to high AGI.  (BTW, I turned 24 years old in 2021.)   If they claim me as a dependent *and* I also file my own tax return (and indicate someone else can claim as a dependent), would government ask for $1,400 back?  Or will I be allowed to keep it?

[xmasbaby0]

No you get to keep the $1400 --- you do not have to pay it back.   Since you are 24, the only way they can claim you is if you had less than $4300 of income in 2021.   Does that fit?    If they claim you they get a $500 credit for other dependents.  If their income is too high they do not get the $1400 for claiming you.

[JKC_TX]

Thank you for your detailed explanation.  

No, my 2021 income is over $4,300.  It's slightly under $12,000 (less than the standard deduction amount).  So, it appears that my parents can NOT claim me as a dependent.

My question (and wishful thinking) was if I could keep $1,400 stimulus check, *and* at the same time, help my parents by being a dependent on their tax return.  Well, I tried...  🙂