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Whoever claimed the dependent most recently will receive the stimulus check.
Stimulus check 2020 dependent child. If the child was born in 2020 the rules are different. This article was last updated on january 5 update following initial irs payments in addition to adult stimulus checks a k a 2020 recovery rebates the recently passed 900 billion covid relief bill includes another round of stimulus payments for adults and all qualifying dependent children under the age of 17 at the end of 2020 while the adult stimulus check amount was only 600 half of. The verify team looked into the latest relief package to figure out which dependents qualify for the additional 600 in stimulus checks.
This is because the irs is basing stimulus check payments on from your 2019 or 2018 tax return which won t reflect children born or adopted this year or any change in dependent status. Millions of americans will receive stimulus payments from the us government to attempt to offset the economic impact of the covid 19 outbreak. If you have one child who was born in 2020 and your income doesn t change your actual stimulus payments will be 2 900 and 1 800.
This would likely be the case should a second stimulus check be approved as well. However the spouse who claims the child on the 2020 tax return may be able to claim up to 500 on that return. If a child was born or adopted into your family in 2020 and therefore not listed on your 2019 tax return you can claim them on your 2020 tax return to get the 500 dependent stimulus payment from the cares act sometime in 2021.
You ll get the 1 100 difference as a credit when your tax. For more information about stimulus checks read covid 19 stimulus checks how much who qualifies and other faqs. The dependent must be age 16 or younger.
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