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Level 5
February 12, 2021

ECONIMIC STIMULAS

  • February 12, 2021
  • 1 reply
  • 1 view

I have a client that received both there economic stimulus. She claims her step child one year on and one year off. So she received the stimulus for 2 children her child and her step child. She had a baby in July and I read that if you had a baby in 2020 you can claim 1,100 on your tax return? Is this correct? and she is not claiming her stepchild this year. Would i calculate this in recovery rebate credit sheet on my Proseries or were would I add this?   

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1 reply

Just-Lisa-Now-
Intuit Community Champion
February 12, 2021
If she received the advance for 2 kids and shes claiming 2 kids on her return, shes gotten all the stimulus money shes entitled to.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Tiger5Author
Level 5
February 14, 2021

but she is removing her stepchild that she had on her last years return and this year she adds the baby she had in 2020. which she didn't get the stimulus for?

TAXOH
Level 10
February 14, 2021

But she did get it for the stepchild and should not have since she is not claiming them in 2020.   So the stepchild and newborn cancel each other out.