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Recovery Rebate credit for deceased single TP

FREDW21901
Level 3

Recovery Rebate credit has no provision for identifying whether a taxpayer deceased in September 2020 qualified for EIP2 credit if not received previously. Is the estate eligible to receive the EIP2 credit?

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TAXOH
Level 11
Level 11

Yes the estate is eligible. 

qbteachmt
Level 15

"if not received previously"

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.

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

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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BobKamman
Level 15

When all else fails, read the instructions.

Generally, you are eligible to claim the recovery rebate credit if in 2020 you were a U.S. citizen or U.S. resident alien, weren't a dependent of another taxpayer, and have a valid social security number. This includes someone who died in 2020, if you are preparing a return for that person. Use the Recovery
Rebate Credit Worksheet to figure the credit, if any, you can claim.

Form 1040 Instructions, Page 56, bottom of third column.  

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