Stimulus Payments

Forum|Forum|5 years ago
February 10, 2021
10 replies
44 views

Does anyone know the answer to this question? I have several tax payers who were dependents las year and now are filing their taxes independent from their parents. Do they qualify to get the stimulus payments with their income tax?

Thank you

ProSeries Basic

This topic has been closed for replies.

TAXOH

Level 10

Yes as long as they don't qualify to be claimed as a dependent of their parents.

IRonMaN

Level 15

But you really need to do your homework first and find out if they really provided over half of their own support. Believe it or not, there are folks out there who would game the system and say their kids are not dependents just to get some extra cash from Uncle Sam.

Slava Ukraini!

sjrcpa

Level 15

I thought Groundhog Day was last week.

The more I know the more I don’t know.

MariaR

Level 4

Where do we draw the line on a situation like this...? How is everybody handling this? I initially thought about including some kind of wording on a disclosure statement they have to sign but is that too much... not sure if I'm overthinking this. 🤔 🤔

IRonMaN

Level 15

I am going to be using my best interrogation techniques. I am going to ask about support and let them tell their story. If I don't buy their story, they either do the return my way or go elsewhere. Luckily I have pretty good clients so I don't think it will be a major issue for me.

Slava Ukraini!

TAXOH

Level 10

I've only had 2 clients ask and once I brought up support they are claiming their dependent on their return..

Sign up

Login with SSO

Let's get you signed in

Login with SSO