Solved: Recovery Rebate Credit

Ned Devine · ‎02-11-2022

College student is claimed by parents on 2020 return. The parents receive the $1,400 payment. Student marries in 2021 and works full-time, no college. Can the student get rebate on 2021 return?

I looked at questions on IRS website and the answer begins with "maybe"

Bsch4477 · ‎02-11-2022

Yes, the no longer dependent gets the stimulus and no, the parents do not have to pay it back.

View solution in original post

qbteachmt · ‎02-11-2022

What does the program entry result in? What happened in 2020 was used for payout as projection. 2021 Actuals is all that matters, now.

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Bsch4477 · ‎02-11-2022

Yes, the no longer dependent gets the stimulus and no, the parents do not have to pay it back.

Accountant-Man · ‎02-11-2022

Did the parents get $1,400 for themselves or for their child?

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Recovery Rebate Credit

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