EIP Recovery

Forum|Forum|4 years ago
April 7, 2022
1 reply
15 views

Second question of the morning,

New tax clients of mine, however former planning clients, have a 50-ish adult son who has never worked. Knowing the family, I've always thought the son likely would have been diagnosable on the spectrum if they had tested for such things back in the day. He has been pretty much off-the-grid up to this point, and therefore has never filed taxes, and didn't receive the stimulus $$. Are there any drawback to having him file this year simply to receive the last stimulus payment, and to put him 'on the books' for benefits going forward?

Thank you!

Dawn

ProSeries Basic

This topic has been closed for replies.

Best answer by BobKamman

Because he is 51, and is no longer a qualifying child? Is there another way that he can be claimed as a dependent that I am missing?

He's a qualifying relative because his income is less than $4,300.

BobKamman

Level 15

No one has been claiming him as a dependent?

And of course he can still be diagnosed today. Many people don't learn of their condition until that age.

SensibleandHourlyAuthor

Level 6

No, his parents have not been claiming him. The parents have two children - a daughter with spina bifida, and the son. The daughter, interestingly, works part time at a local library, so she files her own return. The son has never found a place in the world, so to speak.

I agree about testing later in life, but the family is very old school, and they just think he marches to the beat of his own drummer. Which he does.

I've long worried about both adult children when they face a future at some point without their parents.

BobKamman

Level 15

Isn't the EIP based on whether the person is eligible to be claimed as a dependent, not on whether actually claimed? Maybe the parents haven't been claiming him because their income is so high that the exemption or credit is phased out.

You hate to think about what happens if both parents are killed in a car accident tomorrow.

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