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H1B Visa holder filed in 2018

San Diego Dude
Level 1
H1B Visa holder should qualify for stimulus, hasn't received. Entered -1 in both boxes, why didn't the $1200
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11 Replies 11
itonewbie
Level 15

Is this a dual-status return or full year 1040?  If full year 1040, what's your client's AGI for 2020?

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Still an AllStar
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San Diego Dude
Level 1

A full year. AGI $67,357

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qbteachmt
Level 15

2018 has nothing to do with this.

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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"Level Up" is a gaming function, not a real life function.
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San Diego Dude
Level 1

When I typed the post it was 2018 and 2019 - only 2018 appeared.

Client was not a dependent, single and about 27

Thanks for the links.

 

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qbteachmt
Level 15

"When I typed the post it was 2018 and 2019"

Remember that nothing about these two years has anything to do with anything, now.

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"Level Up" is a gaming function, not a real life function.
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sjrcpa
Level 15

Does he have an SSN?


ex-AllStar
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itonewbie
Level 15

With an H-1B, he would have an SSN.  Employers would generally ensure employees they sponsor visas for apply for one on a timely basis because failure to comply with these basic requirements could jeopardize their eligibility as a sponsor in the future.

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sjrcpa
Level 15

True but I was thinking there could have been a screw up.


ex-AllStar
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San Diego Dude
Level 1

She was from Canada and earned her masters in the USA in 2019. She worked about 1/2 of 2019 and 3/4 of 2020 before being laid off because of COVID.

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San Diego Dude
Level 1

Yes on SSN

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itonewbie
Level 15

Provided you're preparing a full year 1040, have entered a valid SSN (well, at least, one that doesn't trigger a warning for "invalid value"), and have entered -1 for both of the following, PTO will compute full Recovery Rebate Credit:

  • Economic impact payment 1 received as shown on Notice 1444 (enter -1 if zero). Don't include any amount returned to the IRS
  • Economic impact payment 2 received as shown on Notice 1444-B (enter -1 if zero). Don't include any amount returned to the IRS

You may want to double check you entries under Credits > Recovery Rebate, EIC, Residential Energy, Oth Credits.

 

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Still an AllStar
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