stimulus

Forum|Forum|4 years ago
April 8, 2022
2 replies
3 views

Started a new job in August, and my parents could no longer use me as a dependent last year on their Taxes. They did receive all their stimulus money using me as a dependent before my job started.

Now, when I get to the part of turbo tax asking me if I received my third stimulus check do I answer yes or no?

I did answer no and it added $1400.00 to my refund. I did not save my return as I am not sure it will create a problem for me or my parents down the line.

taxlady28

Level 10

You can enter it, get the 1400 and no problems for you or your parents.

ErnieS0

Level 15

Answer no. Your parents received a stimulus payment for you. You did not get it.

The IRS allows you to claim a $1,400 rebate recovery credit on your tax return even if you were a dependent last year.

The IRS says: "No longer a dependent: Individuals who were claimed or could be claimed as a dependent on someone else’s tax return for 2019 or 2020 may now be eligible if they can’t be claimed as a dependent on someone else’s tax return for 2021."

See: Q C2. Not Eligible for Third Economic Impact Payments: If I wasn’t eligible for a third Economic Impact Payment, am I not eligible to claim the 2021 Recovery Rebate Credit? (added January 13, 2022).

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