Third Round of Stimulus Payments

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If a child was claimed in 2020 by one of his parents, and in 2021 he is economically independent and is filing his taxes for 2021, he can claim the third stimulus.

Bsch4477Answer

Level 15

If he truly can’t be claimed as a dependent he is eligible for the stimulus payment on his 2021 return. The parents don’t have to repay the stimulus payment that they received.

Bsch4477

Answer

Level 15

If he truly can’t be claimed as a dependent he is eligible for the stimulus payment on his 2021 return. The parents don’t have to repay the stimulus payment that they received.

ErnieS0

Alumni - Intuit

Yes. A child who was a dependent in 2020 but independent in 2021 can receive a Recovery Rebate Credit on their tax return even if their parents got a third stimulus payment for the child 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)

The parents don’t have to pay the money back.

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