Recovery rebate

Forum|Forum|5 years ago
March 13, 2021
2 replies
17 views

Hello, can a child under 17 who qualifies as a dependent can file a Zero Return for 2020 only to get the recovery rebates if their parents were not allowed to claim the stimulus payments because they have an ITIN number? I understand that is not the case, but apparently, that information is online. Thank you!

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qbteachmt

Level 15

Perhaps it would help to review what is really happening:

The funds were paid out as Advanced payment against a projection. The projection used 2018 or 2019 tax returns. But 2020 is the Actuals. You use the 2020 return to reconcile what a person is entitled to, against what they got.

If the person is not a dependent in 2020, then they would be entitled to the payment/credit as individual filers. That doesn't mean "not being claimed." It means "no longer qualifies as a dependent."

You might want to bookmark these links and read the IRS guidance.

Interactive wizards portal for determining dependency:

https://www.irs.gov/help/ita

And:

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-a-eip-eligibility

https://www.irs.gov/coronavirus/second-eip-faqs#Eligibility

One for each EIP.

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