When filing 2021 taxes, Turbo Tax asks if you received a stimulus payment. Should my son, who is filing for the first time, answer “no” because he personally didn’t receive a payment. Or should he answer “yes” because we, his parents, received a stimulus payment that was an amount that reflected the fact that he was our dependent in 2020. (He is not our dependent in 2021.) Does the stimulus payment we received count as a stimulus payment that he received?
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No he doesn't enter the payment you got for him. If he is filing his own return and claiming himself he gets his own amount. So he should answer NO.
He should answer No.
From the IRS: If you were claimed as a dependent on someone else’s tax return for 2020, you were not eligible for the third Economic Impact Payment. If no one can claim you as a dependent for 2021 and you are otherwise eligible, you can claim the 2021 Recovery Rebate Credit on your 2021 tax return.
See Eligibility for claiming a Recovery Rebate Credit on a 2021 tax return
Thank you!
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