Skip to main content
February 9, 2021
Question

What if most of my 2020 income was paid in for child support? And what if my first stimulus check also went towards child support arrears?

  • February 9, 2021
  • 1 reply
  • 0 views
No text available

1 reply

February 9, 2021

While those who owe child support lost their first stimulus payments, the second stimulus payment won’t be taken to repay overdue debts. You'll receive your second stimulus payment, if you are eligible, even if you owe back child support. 

 

Complete your income tax return. TurboTax will calculate the amount of stimulus, Recovery Rebate Credit, you'll receive, if any.

  1. Log on to TurboTax and start preparing your income tax return.
  2. TurboTax will ask you to manually enter the actual amount you received in IEP, if any, as you're going through the federal review section.
  3. If you didn't receive your IEP or only a portion of it, TurboTax will add the amount to your income tax return.

Per IRS: Generally, if you are a U.S. citizen or U.S. resident alien, you will receive an Economic Impact Payment of $1,200  ($2,400  for a joint return) if you (and your spouse if filing a joint return)  are not a dependent of another taxpayer and have a Social Security number valid for employment and your adjusted gross income (AGI) does not exceed:

  • $150,000  if married and filing a joint return
  • $112,500 if filing as  head of household or
  • $75,000  for eligible individuals using any other filing status
    Your payment will be reduced by 5% of  the amount by which your AGI exceeds the applicable threshold above.

You are not eligible for a payment if any of the following apply to you:

  • You may be claimed as a dependent on another taxpayer’s return (for example, a child or student who may be claimed on a parent’s return or a dependent parent who may be claimed on an adult child’s return).
  • You do not have a Social Security number that is valid for employment.
  • You are a nonresident alien.
    The following are also not eligible: a deceased individual or an estate or trust.
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"