Author Topic: Stimulus Checks  (Read 59562 times)

Offline Luvisrael

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Re: Stimulus Checks
« Reply #990 on: March 22, 2021, 02:30:05 PM »
The letter was for the second round.
I was also confused about this. I got a letter saying a check is coming, came out to $600 a person but this was before the bill was passed

Offline Kobe Bryant

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Re: Stimulus Checks
« Reply #991 on: April 01, 2021, 04:12:50 PM »
I filed March 1st and got based on 2019.
Reports of IRS sending out a second payment based on 2020.

Offline Hjay

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Re: Stimulus Checks
« Reply #992 on: April 20, 2021, 01:03:46 PM »
18 y/o who files his own return but is dependent on parents return gets stimulus? Iím assuming notÖ

If he isnít dependent for 2020 & files his own return, how much stimulus will he get?

Offline joeb1

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Re: Stimulus Checks
« Reply #993 on: April 20, 2021, 01:04:54 PM »
I was also confused about this. I got a letter saying a check is coming, came out to $600 a person but this was before the bill was passed

that letter was for stimuls #2/3 and came weeks after $ was sent

Offline Jack out of the box

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Re: Stimulus Checks
« Reply #994 on: April 20, 2021, 01:18:15 PM »
18 y/o who files his own return but is dependent on parents return gets stimulus? Iím assuming notÖ

If he isnít dependent for 2020 & files his own return, how much stimulus will he get?
If he does not qualify as someone's dependent for 2020 and files his own return, he will qualify for EIP 1 and 2 subject to income limits. He may also receive EIP 3 in the next few months.

Offline Hjay

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Re: Stimulus Checks
« Reply #995 on: April 20, 2021, 01:35:56 PM »
If he does not qualify as someone's dependent for 2020 and files his own return, he will qualify for EIP 1 and 2 subject to income limits. He may also receive EIP 3 in the next few months.

To clarify parent does not qualify,  so only if he is not a dependent on parents return he will be eligible (based on income) & heíll get all three payments - $1,200, $1,200 & $2,000?

Offline Jack out of the box

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Re: Stimulus Checks
« Reply #996 on: April 21, 2021, 04:28:42 AM »
See IRS Publication 501 https://www.irs.gov/pub/irs-pdf/p501.pdf for details of who may be claimed as a dependent on someones tax return. BTW the maximum stimulus amounts are $1,200, 600, 1,400.