Stimulus Package Dependents Over 18
A lot of college students who are listed as adult dependents on their parents tax returns are wondering whether they will qualify for the second round of covid 19 stimulus checks the answer is no.
Stimulus package dependents over 18. The amount will be 500. Stimulus check tips for parents. Here s what we know from the bill.
Some parents will receive stimulus checks for their children. Some parents who did not receive the 500 stimulus payment will be getting their checks in early august. If you have children age 18 or younger learn how to get a stimulus payment for them here.
When i learned that we were leaving out dependents over 17 and students up to age 24 as well as the disabled i knew we needed to introduce legislation to fix this immediately the measure has bipartisan backing with 147 members of congress listed as co sponsors. Therefore those claimed as dependents who are over the age of 18 and are in need of governmental assistance will receive absolutely nothing. If your dependent is 17 or 18 or a full time student through age 24 they do not qualify for the 500 stimulus payment.
Adult dependents who were excluded from the last stimulus would also be eligible for the 2 000 checks under the bill passed by the house. President elect joe biden unveiled a 1 9 trillion stimulus package that includes direct payments to americans a 15 minimum wage aid to small businesses and a national vaccination program. That includes millions of 17 and 18 year olds college.
The tax code defines a child as not attained age 17. This prevents many high school juniors and seniors from receiving any stimulus money. Not only this but the tax payer that claims said person as a dependent will not receive any money as well because only children under 17 years of age are eligible for 500.