DJ
Level 2

in 2019 taxpayer was a dependent of parents return and received no rebate.  In 2020 taxpayer filed as single with $30,000 income on her own return (1040).  can taxpayer request the two economic  payments on the 2020 tax return.  

 

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jeffmcpa2010
Level 11

yes

Accountant-Man
Level 13

You don't "request" it. Answer the questions correctly, and the taxpayer will get it or not get it.

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qbteachmt
Level 15

"In 2020 taxpayer filed as single with $30,000 income on her own return (1040). can taxpayer request the two economic payments on the 2020 tax return."

What about the question "could be claimed as a dependent by someone else?"

Perhaps it would help to review what is really happening:

The funds were paid out as Advanced payment against a projection. The projection used 2018 or 2019 tax returns. But 2020 is the Actuals. You use the 2020 return to reconcile what a person is entitled to, against what they got.

If the person is not a dependent in 2020, then they would be entitled to the payment/credit as individual filers. That doesn't mean "not being claimed." It means "no longer qualifies as a dependent."

You might want to bookmark these links and read the IRS guidance.

Interactive wizards portal for determining dependency:

https://www.irs.gov/help/ita

And:

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-a-eip-eligibility

https://www.irs.gov/coronavirus/second-eip-faqs#Eligibility

One for each EIP.

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Achille77
Level 1

good evening I did not have time to receive the first and second stimulus can you help me fill in the 1040 to retrieve them? thanks

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qbteachmt
Level 15

@Achille77  

You seem to be lost on the internet.

You’ve come to a Peer User community for Intuit Tax Preparation products supporting tax preparation professionals using ProSeries, Proconnect and Lacerte , and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Thanks.

 

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