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Stimulus check dependent persons: who counts for a second payment and for how much?



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Who the IRS counts as a dependent can quickly add up to a bigger check for your family.

Angela Lang / CNET

Congress plans to vote on one in the coming days new $ 900 billion emergency economic bill which includes funding for one second stimulus control in front of $ 600 per eligible American – half of the maximum payment of $ 1,200 sent on the first stimulus check. That’s a smaller one second payment than many had hoped. On the other hand, the flow stimulus bill reportedly also dependents over 16 years of age when the second check comes in.

Knowing the definition of a “dependent” for stimulus checks (versus before taxes), you can calculate the amount of Expect money with a second stimulus check, if the current proposal is adopted in its current form. But we won’t officially know who’s included – or how that might play out in one possible third stimulus control in 2021 – until signed into law.

How the IRS defined dependents in the first round of incentive relief is what left some families behind smaller stimulus controls than others. This was especially true for parents with middle-aged children who are not earning enough money get their own stimulus check, or older adults, such as a parent or grandparent. However, some parents with dependents cannot don’t get any money at all, including those with situations for child benefit and some complex rules related to some parents and US citizenship.

For more information about the second stimulus control and dependents, keep reading. We update this story often.

How could the definition of a dependent change for a second stimulus be controlled?

The first incentive payment included $ 500 for dependents aged 16 and under. There was no limit to the number of children who could count as dependents, as long as they were only 16 years of age or younger and claimed by the taxpayer on their tax returns, the Tax Foundation said.

The new incentive bill would cover all eligible Americans, including dependent children and adults, with no limit on the number of dependents. That includes adults and children who rely on you for support, such as a student or older adult.


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How much more money could another incentive check bring to the dependents?

If the definition of a dependent is expanded as in the current proposal, you could theoretically add $ 600 for each depending on who you claimed on your last tax return, regardless of their age. That’s $ 100 more per dependent than in the first round of payments.

Remember, the second stimulus check can increase the number of dependents you can claim, but it can also halve the total amount per adult, which can decrease the total amount your household will bring in with this next payment. We here are some examples calculated per household.

Also note that the total amount you can get in a second incentive payment depends on your adjusted gross income, which you can also find on your taxes.

How does this definition differ from your taxes?

In terms of federal tax regulations, a dependent can fall into two categories: an eligible child or an eligible family member. They don’t have to be children or be directly related to you, but they do have to meet certain requirements set by the IRS.

In order to claim an eligible child as a dependent on your taxes, the child must be under the age of 19 or be a student under the age of 24 at the end of the calendar year. However, if your child is what the IRS calls “permanently and completely disabled,” you can claim it as a dependent regardless of their age.

To claim an eligible family member – either a child or an adult – as a dependent, they must meet other IRS criteria. This could be an elderly relative who relies on you to provide care. (Read more about what older adults should know about stimulus controls, including those who may be eligible family members.)

Even if a dependent was claimed on your tax return, only a specific definition of “dependent child” was eligible count towards the household’s money from the first round of stimulus controls due to the requirements of the CARES Act. In the current stimulation proposalhowever, that definition has changed to include dependents of any age – including dependent children over the age of 16 and adult dependents (such as older adults).

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Find your dependent on your 2019 tax form 1040.

IRS

Where are your family members listed on your tax return?

If you filed taxes in 2018 or later, you can find your family members listed on Form 1040, U.S. Individual Income Tax Return. In the center of the first page, you will see a box labeled Dependents. There, family members, along with their social security number, will state the relationship with you and whether they qualify for a child discount or discount for other dependents.

What if you now have more dependents than the last time you taxed?

Was a child born or adopted in your family in 2020 and is it therefore not on your 2019 tax return? Then you can claim them on your 2020 tax return to $ 500 dependent incentive payment from the CARES law sometime in 2021. This would probably be the case if a second stimulus check were also approved.

You can also find out whether you can claim a child or another family member using this tool from the IRS if you depend on your taxes.

What if you and your spouse share a child, but submit it separately?

In that case, a child can still only be addressed as dependent on one tax return in a tax year. To find out who should claim the child upon return, see the IRS Eligible Child Information for more than one person.

What should you do if you are divorced or of a legal nature and share custody of a dependent?

This is where things get a bit tricky. A child can only be claimed as dependent for one tax year by one taxpayer. Typically, the child counts as the dependent person of the caring parent – the parent with whom the child lived for an extended period of time during the year, even if the other parent provided financial support. However, this is not always the case. Read more from the IRS here.

While we’re not sure what would happen with a second stimulus check, one case that occurs is with the first, unmarried parents with joint custody who alternate the years in which they claim each dependent child (or children) on their tax returns . In that case, both parents were eligible under the CARES Act for $ 500 per child (for a total of $ 1,000 per child between them).

Here’s how it works: If you’re a parent who didn’t claim your child on your 2019 tax return, when you file your 2020 tax return, you may be able to claim up to an additional $ 500 per child on that return, if you qualify for a claim the child as your qualifying dependent for 2020.

Briefly? A parent with 50/50 custody of one or more children who have not received payment of $ 500 per child as part of the incentive package can get that money along with their tax refund after filing taxes for 2020 (in 2021), regardless of whether This may or may not the other parent received that payment for the same children in the first round of checks. Since these payments are essentially tax credits, they don’t have to be returned to the IRS, even if both unmarried parents get a check for the same kids. (You can read our story on this how incentive controls affect child benefit payments here. And here’s more information from the IRS on more than one person’s eligible child.)

What Happens When Your Dependent Child Dies?

If on the first check, a dependent who was on your last tax return has since passed away, it is likely that you still received the extra $ 500 and it would be included in a second incentive payment. However, any payment made to someone who died before receiving it must be returned to the IRS. You also cannot claim a stillborn child as a dependent, according to the IRS.

For more information, see if you may be eligible for a second stimulus check and how fast another payment might come. If you still haven’t gotten a first stimulus check, you can find out how to claim a missing payment and learning how to report your missing check to the IRS.


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