Client was claimed as dependent on 2019 return.in 2020 not being claimed as is now 24 years old and oouf school
should be eligible to recover credit on return for 2020 for second stimulus ...question is...on worksheet should i acknowledge receiving full amount in 2019 so as not to add that payment?
This is incorrect: "for software to not include first stimulus for which client was a dependent"
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. That doesn't mean "not being claimed." It means "no longer qualifies as a dependent."
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