In 2019 taxpayers claimed their over 17-year-old student daughter as a dependent. In 2020 the daughter is 100% self-supporting and no longer able to be claimed as a dependent, and has not received any EIP payments. What credits is she entitled to?
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I believe $600 for EIP2 and potentially $1200 for EIP1.
Assuming all other income requirements are met of course and IF she was not eligible to be claimed as a dependent, even if she wasnt claimed
EIP3 $1400..refer to income requirements.
There is no Splitting of 2020.
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:
One for each EIP.
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