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MONK33
Returning Member

How do i add my newborn baby i just had 03/22/20 so i get more money for him from the stimulus?

Does the AGI % reduction apply to both the 1st and 2nd Stimulus independently?

DawnC
Employee Tax Expert

How do i add my newborn baby i just had 03/22/20 so i get more money for him from the stimulus?

Yes, you may have an AGI that qualified for partial payment #1 but disallowed partial payment #2 or vice versa.    The AGI limitation below applies to both payments.   Payment 1 was $1200 per taxpayer and Payment 2 was $600 per taxpayer.    The first payment includes $500 for each qualified dependent and the second payment added $600 for each qualified dependent.  

 

If your adjusted gross income (AGI) is below,

  • $75,000 for individuals
  • $112,500 for heads of household
  • $150,000 for married, joint filers

 

For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$112,500/$150,000 thresholds.    @MONK33

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Andy331
Returning Member

How do i add my newborn baby i just had 03/22/20 so i get more money for him from the stimulus?

I need to add baby to child tax credit

 

How do i add my newborn baby i just had 03/22/20 so i get more money for him from the stimulus?

@Andy331 You have not said when your child was born.   If your baby was born in 2021 then you will be able to use the IRS portal later in the summer to add the newborn.  That portal is not ready yet.   

 

https://www.irs.gov/credits-deductions/child-tax-credit-update-portal

 

https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-t...

**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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