Ask Terry Questions Stimulus Check — Terry says: Do this NOW!!

Stimulus Check — Terry says: Do this NOW!!

By Terry Savage on March 31, 2020 | Wild Card

My three 24 year old children have filed their 2019 taxes as single. I haven’t filed yet for 2019, but in 2018 I filed with them as dependents since they were still in college. I will not be claiming them in 2019, since all are working and not in school anymore. Since the IRS will be looking at my 2018 return will that affect their status for a stimulus check?

Terry Says

Quick — file your 2019 tax return — WITHOUT them as dependents. That will give them each $1200 in stimulus money. DO IT NOW — online — Use TurboTax — but get it done!!!!!

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