Question

How do i claim the 500 one time payment for my daughter who is 20 and in college?

Forum|Forum|4 years ago
January 28, 2022
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TurboTax Deluxe Online

Employee

If your adjusted gross income is $75,000 or less as a single filer, $112,500 as a head of household or $150,000 filing jointly, you will get the full $500 for each eligible child who is a college student. If your income is higher than the income threshold, your payments will begin to phase out and decrease by $50 for every $1,000 of income over the threshold. These thresholds apply for each age group and for each varying benefit

Turbotax will calculate that automatically.