Question

Recovery rebate credit for new baby

Forum|Forum|5 years ago
February 22, 2021
1 reply
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2019 taxes, I filed my 10 year old daughter as a dependent per a court order. Received both stimulus checks for both her and myself. I had a new baby in May 2020. This year for 2020 taxes, per the court order, I do not claim my 10 year old as a dependent but I do the new baby so I should be able to receive the recovery rebate credit for her. Once I get to that option, it ask if I received the correct amount on both checks, which the answer is yes for both my oldest daughter and myself but it does not update to receive to $1,100 credit for the new baby since I am not claiming my oldest this year. Everything else is correct on the tax forms, I called the irs and they have no idea how to help fix this to receive the rrc. It does work if my oldest is added a dependent but that’s not an option to claim her. I have also called TurboTax to speak with someone and am still unable to get it fixed.

CatinaT1

The payments were an advance credit for 2020. 2019 information was only used in sending out the payments since 2020 tax returns had not been filed at the point the stimulus payments were sent out. They are being reconciled when you do your 2020 return. In some cases, people may have been given a stimulus payment based on their 2019 dependents that did not qualify based on their 2020 dependents, and vice versa.

You received a stimulus payment for yourself and 1 dependent. In 2020, you are filing a return for yourself and 1 dependent. You should not have gotten a payment for your 10 year old daughter based on not claiming her in 2020. You will not receive anything additional for a stimulus payment.

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A

Amb718Author

Per customer service at turbo tax and also the IRS, the 2 stimulus checks received were based off of either 2018 taxes or 2019 taxes, whichever was filed at the time they were sent out. So I was correct to receive them for my 10 year old due to previous years taxes, so the recovery rebate credit should also be issued for my infant born in 2020 as well.

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Amb718Author

Per the Irs website, stimulus checks were based off 2018 & 2019. Only the recovery rebate credit will be based off 2020 taxes, which I am entitled to receive due to having a new baby and meeting all the requirements.