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New Member
posted Jan 31, 2021 9:05:23 AM

Would my tax return be more if I’m paying rent/utilities, just being independent ? For the last couple of years, I’ve made around 18,000-20,000 and only get around $640-650 back. I have a c

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6 Replies
Expert Alumni
Jan 31, 2021 9:17:32 AM

Are you being claimed as a dependent? Yes, you might get a larger refund, but if you qualify as a dependent, you can't just decide you aren't one anymore.

 

Certain states have credits for rent paid, but not all. It is not deductible at all on your Federal return.

Level 15
Jan 31, 2021 9:18:35 AM

RENT

There is not a rent deduction or credit on your Federal return.  If your state has anything for renters you will be prompted to enter your rent info when you complete your state return.  As far as I know, the states that have anything for rent are Arizona, California, Connecticut, Hawaii, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Rhode Island, Vermont, Washington DC, and Wisconsin.

 

 

https://www.rent.com/blog/states-with-a-renters-tax-credit/

New Member
Jan 31, 2021 11:04:07 AM

I’m 21 and have been living on my own. I’m not a dependent. All of utilities are in my name. I’m just asking because I’m not understanding why my younger friends are getting more money back, making less money a year and still living with their parents.

Level 15
Jan 31, 2021 11:09:44 AM

You make more income.  More income = more tax = less refund.  They have less income so less  tax liability but more withholding taken out.  If they make less than 12,400 they get back all their withholding.

Level 2
Apr 9, 2021 10:44:07 AM

I'm trying to track the $ 600.00 I didn't get will I get that as a tax return. That's what I filed. I all ready got the $1400.00

Expert Alumni
Apr 9, 2021 10:59:16 AM

If you filed your 2020 return with the Recovery Rebate Credit for the $600 you didn't receive, you can track your refund by going to this IRS tool: Where's My Refund  The stinulus will be include in your refund and you will not be able to track it separately.

 

@Paupar58