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If I am a 19 yr old college student with a part time job and currently unemployed due to the virus outbreak, will I be eligible for the stimulus check? I did not submit a tax return in 2018, but I did submit my 2019 tax return a month ago already, so I believe they will go off of my 2019 tax return. My parents claimed me as a dependent on their tax returns.
Will I be able to receive as $1200 stimulus check?
I assume that on your 2019 tax return, you checked the box that said "Someone can claim: You as a dependent". (If not, then either you or your parents filed incorrectly.) In this case, you cannot receive the stimulus check.
If nobody can claim you as a dependent (i.e. nobody meets the conditions to claim you, not just that they choose not to claim you) for 2020, and your 2020 AGI is less than $99,000, you will still be able to claim the stimulus payment as a credit against your 2020 taxes.
I'm in the same boat as you, and it does appear we will not get the stimulus check. My mother told me if I paid her the $1400 dollars she received claiming me as a dependent she would remove me as a dependent on her 2019 tax return.......so that I could get the $1200 check. I think the only way to change this is if we pound our senators and congressmen on twitter until they realize they left out millions of college students. I don't get support from my parents and didn't realize how much money they've made off claiming me as a dependent these last 4 years of college.
i’m no expert, but there may be a catch. for the years 2018-2025, there is no longer a personal deduction. they should get zero for claiming dependents, and one would hope ppl should not be disqualified from receiving the check in that case. the language of the bill says something about if a person’s deduction could be claimed by another beginning in the calendar year of the taxable year. dont know what it means, but it might apply only if the 2018 taxable year is used as it began in 2017 before the deduction was eliminated. if its based on 2019 tax returns hoping it doesnt apply! -everyone- else apparently gets it except illegal aliens!
