Ask Terry Questions Stimulus Terry says: Adjust your 2019 return!!

Stimulus Terry says: Adjust your 2019 return!!

By Terry Savage on March 31, 2020 | Wild Card

Hi Terry My question is I have a 22-year-old son at home and he made $22,000 last year he’s a full-time student as well living at home and I took him as a dependent on my 2019 return what should he expect to get back from the government in the form of a stimulus payment if any?

Terry Says

He won’t get anything. Find out if you can adjust your 2019 return. Talk to your tax preparer. If he is not a dependent he would get $1200.

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