Recovery rebate credit and newly adopted grandchildren

Forum|Forum|5 years ago
February 18, 2021
2 replies
0 views

My clients adopted their two grandchildren in 2020 and they do qualify as dependents. The grandparents assume their daughter or the children's fathers got the recovery rebate but don't really know. She and they are not available to find out the answer. How do I fill out the recovery rebate worksheet? Both adults (my clients) got both rebates..

ProSeries Professional

This topic has been closed for replies.

Best answer by BobKamman

You can be 100% certain that no one else received the recovery rebate credit because that is only claimed on a 2020 return. If you are referring to the advance payment based on dependents shown on 2018 or 2019 returns, that was just a best-guess effort to get some money out the door as quickly as possible. Preparers of 2020 returns need only stick to 2020 facts.

BobKammanAnswer

Level 15

You can be 100% certain that no one else received the recovery rebate credit because that is only claimed on a 2020 return. If you are referring to the advance payment based on dependents shown on 2018 or 2019 returns, that was just a best-guess effort to get some money out the door as quickly as possible. Preparers of 2020 returns need only stick to 2020 facts.

T

taxesbydotAuthor

Level 4

Sorry I just reread that and it isn't clear. My clients got their own rebates. Not for the children.

dkh

Level 15

Your clients should enter the EIPs they received. The RRC worksheet will calculate what they are entitled to receive based on the 2020 tax return information less what they received in EIP#1 and EIP#2 So yes, your client may receive RRC for the grandchildren if they qualify based on 2020 tax return information.

Sign up

Login with SSO

Let's get you signed in

Login with SSO

Scanning file for viruses.

This file cannot be downloaded