Two questions for the experts here:
If someone draws on their 401K (allowed without penalty as part of this stimulus initiative), will that be included in their 2020 adjusted gross income that is then used to calculate how much stimulus they are eligible for?
Assuming one is ineligible because of exceeding income limits: Does it make sense to treat a 20 year old child student as non-dependants in 2019, to get this stimulus? or is it solely how that child is treated in 2020 that will drive the amount of stimulus ultimately received (ignoring interest free loan)?