Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Recovery Rebate Credit

Level 3

Client will receive a credit based in 2020 income.  2018 and 2019 income was higher than threshold.

He has a dependent/child this year. Will he get the $500 dependent credit?  His ex-spouse received the credit last year when she claimed the child.

Labels (1)
0 Cheers
1 Solution

Accepted Solutions
Level 10
Level 10
8 Replies 8
Level 10
Level 10
Level 3

Thank you so much. I agree. Just wanted confirmation.

Level 10
Level 10

You're welcome.

Level 15

@holodeck  - thanks for saying thanks to the scorching hot lady.  Lots of folks asking questions take the other folks that carry the load volunteering here for granted.  It's always nice to see when someone shows a little appreciation by saying thanks.  👍

This week's special - free roadrunner dinner with every return (legal disclaimer - you catch it and we'll cook it)
Level 10
Level 10

Agreed.   Sometimes you don't even know if they ever saw the response.

Level 15

Maybe I shouldn't do this, but for anybody that really appreciates the help we provide, any tips, treats, or loose change can be mailed directly to us at the following addresses:

TAXOH

8675309 Flamethrower Ave

Firetown, OH 75309

or

IRonMaN

666 ACME Ave

Anvil, MN 55666

This week's special - free roadrunner dinner with every return (legal disclaimer - you catch it and we'll cook it)
Level 10
Level 10

Or one of us could meet them under the bridge.

Level 15

That's possible, but since COVID hit, I've been trying to stay away from that bridge as much as I can.

This week's special - free roadrunner dinner with every return (legal disclaimer - you catch it and we'll cook it)