Hello,
I have read that children born in 2020 allow for the parent to retroactively claim the stimulus check from the federal government in my 2020 tax return. I am curious where in the form to file this out? My son was born in September and I believe would qualify for the 2nd stimulus payment of $600.
Thank you,
Scott
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Yes, children born in 2020 qualify for stimulus payments. If you didn't receive the full amount for your first or second-round stimulus payments, we'll help you claim the Recovery Rebate Credit when you file your taxes.
We'll make sure you get the money you qualify for by double-checking the amount and quantity of stimulus payments you received. Here’s how:
Enter all of your federal return information as you would normally. During the Federal Review, we’ll check if you meet eligibility requirements for the stimulus payment. If you meet the requirements, you'll see a It looks like you qualified for the stimulus, did you get any payments? screen. We'll ask a few questions about any payments you've already received and then let you know if the Recovery Rebate Credit applies.
If you need to make any changes to your stimulus credit responses, search for stimulus and select the jump-to link at the top of the search results to return back to the section. Enter your updated info and Continue.
look on Line 30 of Form 1040 - they money should be listed there; that assumes you correctly added your newborn as a dependent and when asked about the two stimulus payments, respond with what you ACTUALLY received, not what you expected to receive
the same thing will occur next year for the 3rd stimulus.. presumably you won't get that now (because you have not filed 2020 and the IRS doesn't know about the newborn). That will settle up on Line 30 next year.
ps your son is also eligible for the 1st stimulus so expect to see $1100 on Line 30 as it's based on your dependents as of 12/31/2020, not who was alive on the date the payments were made. (I always found it humorous that the 1st stimulus was signed into law in late March which means some were not even conceived when the law was passed but their parents get the first stimulus of $500 for them if they were born by 12/31/20! )
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