Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Recovery rebate

Bessy
Level 2

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! 

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

2 Comments 2
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.

*******************************
"Level Up" is a gaming function, not a real life function.
0 Cheers
Just-Lisa-Now-
Level 15
Level 15
No.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪