I have a 20 year college student who last year was claimed as dependent by her parents. In 2020 she is claiming herself.. Can she claim in addition to $600.00 stimulus and the $2,000.00 payment issued in 2020 under the Recovery Rebate Credit
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Should she be claiming herself? -
What Lion said.
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Are you preparing the return, or is she? If you are, you need to determine if the box "Someone can claim you as a dependent" applies by looking at relevant data. If you prepare the return and don't check the box because she doesn't want it to be so, well......Originally posted by Packer Ron View PostComment
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Originally posted by Packer Ron View Post
Last year was 2020. You state she was claimed by her parents.
Then you state “ In 2020 she is claiming herself...” So are you saying both the parents are claiming the student and the student is claiming herself?Last edited by TAXNJ; 02-10-2021, 04:27 PM.Always cite your source for support to defend your opinionComment
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Be careful not to take unethical advantage of this Recovery Rebate - we are all subject to Due Diligence.
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Not sure what you mean -- what would be an example of taking "unethical advantage"?Originally posted by Lee Welter View Post
Also, we are not all subject to Due Diligence, only Circular 230 professionals are, or when touching those specific instances where the law explicitly calls for it, such as Refundable Credits & HOH filing status (Form 8867)."You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe HowardComment
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The mere fact she claims herself is not controlling - is she a dependent of the parents?Originally posted by Packer Ron View Post
IRC 6428 says a taxpayer is ineligible for the RRC if he/she is allowable as a dependent to another taxpayer.
The determination of dependency is a matter of fact - not a matter of choice.Comment
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Really. Question was directed to Original Poster. Would that be you? If not, try to apply your knowledge to answer the Original Poster who may or may not be interested in your replyOriginally posted by Twin Turbo Z View Post
Really
You know what he or she means.Last edited by TAXNJ; 02-11-2021, 08:46 PM.Always cite your source for support to defend your opinionComment
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