Ask Terry Questions Stimulus for elderly dependent

Stimulus for elderly dependent

By Terry Savage on January 29, 2021 | Wild Card

I am an adult dependent. With Biden’s stimulus plan, this is the first time I qualify for the stimulus payment. How do I make sure that the payment goes directly to me and not my brother who claims me?

Terry Says

Do NOT let your brother claim you when he files HIS 2020 return in the next few months! That’s critical. Then you can file your OWN 2020 return — even if you have very little in the way of earnings — and get a REFUNDABLE tax credit for BOTH stimulus payments. Read this article for instructions.

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