First stimulus payment of 2020
Hi Terry,
My son did not receive the first stimulus economic payment in early 2020 because I claimed him as a dependent on my 2018 taxes. I could no longer claim him on my 2019 taxes (that I filed in July of 2020). He did receive the second stimulus check of $600 in January 2021.
My question is should he qualify for the $1,200 Recovery Rebate credit when filing his 2020 taxes?
Terry Says
Yes, he should claim it on Line 30. Read this article.