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Second stimulus check: Do you count as an adult? IRS definition


Find out if you are entitled to a stimulus check on your own, or if you claim to be addicted.

Angela Lang / CNET

At 18 years old you are old enough to vote, get a driver’s license, enlist in the military, go to college and get married. But when Congress approved first round of coronavirus stimulus payments In March, most young American adults were not eligible to receive their own check – or any money at all. An estimated 13 million young people aged 17 to 24 were each claimed as dependent was excluded from qualifying for an incentive payment.

The latest stimulus proposal was approved by the House of Representatives last week (as some call it) Heroes Act 2.0) still contains one second stimulus control of up to $ 1200 for eligible adultsand adds $ 500 for a few person who is claimed to be addicted, regardless of age. But that does not mean that every young adult is qualified to receive their own check.

All of this can lead you to wonder when it is possible for someone under the age of 25 to be eligible for stimulus money, either as an addict or alone. It is tricky, but we break down what happens if you are a student, if you live alone and have a job, if you are in the military or if you are married or a parent.

We also discuss how some young adults can get back the original stimulus payment of up to $ 1,200 with retroactive effect. (We have a tool to helps you calculate how much stimulus money you can getalso.) And here is most important things you should know about stimulus controls.

Do you count as an addict or an adult? Here are the IRS’s eligible conditions

The first incentive payment was sent out in March CARES Act awarded up to $ 1,200 for qualified American adults and $ 500 for relatives listed on their tax return for 2019 – as long as they were 16 years or younger.

To qualify for your own stimulus check, you must have submitted your taxes for 2019 independently, which means that no one else claims you on their taxes as dependent. You also had to have one adjusted gross income at under $ 75,000 to get the full $ 1,200. (The amount decreases as your AGI rises, and if you earned more than $ 99,000 you were not eligible for a check.)

There are two different sets of rules for who counts as an adult or addict under current tax law, according to Janet Holtzblatt, a senior colleague at Urban-Brookings Tax Policy Center.

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One is the support test. If you are unmarried, you do not claim children as your own relatives, your parents provide you with financial support equal to or greater than half of your annual income and you earned less than $ 4,200 in 2019, then your parents can still do claim you as their addict. Another is the residency test: If you are a full-time student under the age of 24 who lives with the adult taxpayer for more than half of the year (unless you live on campus), you may be entitled to an addiction, no matter how much money you earn.

Why young adults were excluded from the first stimulus bill

People aged 17 to 24 were exempted from the CARES Act because the bill was based on a tax code definition of “children” which states that a “qualified child … has not reached the age of 17.” This means that even 17- or 18-year-old high school students who clearly lived with a parent or guardian were excluded as eligible for maintenance and were not counted for $ 500 in the family.

The reason for this age limit has to do with the child tax deduction, which was established in 1997, which allows parents to receive up to $ 2,000 tax refund for each child under the age of 17 each year they file. We can only speculate as to why this definition has not been extended to include young adults, but the reason is probably the extra cost to the federal government of extending credit to more people, Holtzer said.

Will 17- to 24-year-olds be entitled to a second stimulus check?

It depends on. If you became financially independent in 2020 and you submit your tax return 2020 in the spring of 2021 independently, you will receive the first stimulus check of up to $ 1,200 sometime in 2021, Holtzer said. This may be the case if a second check passes as well. All you need to do is submit your tax return for 2020 and meet the usual eligibility criteria for an incentive payment.

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University students under the age of 24 can still claim their parents or guardians.

Angela Lang / CNET

If you file tax independently, it depends on how much money you get in a second incentive payment adjusted gross income, which you can also find on your taxes. Check out our story at how to calculate how much money you can get in a second check.

However, if a parent or guardian claims that you are dependent on their tax, you will not receive your own check. Since another stimulus check has not been approved, we do not know exactly how much money will be set aside for maintenance.

But both Republican-backed HEALS and the pro-democracy heroes are acting provide incentive money for dependents, including college students and adult relatives: $ 500 per dependent, without a cap on the number of relatives who can receive the money.

So if you are in the age range of 17 to 24, you would probably count on your parent’s or guardian’s incentive payment, even if you would not see a check paid to you individually.

What happens if you claim to be tax dependent but work or go to college?

Even if you work or go to college full time (or both), you still count as an addict if you meet either the support test or the residency test mentioned above. Basically, if you trust your parents or guardians for more than half of your financial support, if you earned less than $ 4,200 in 2019 and / or if you are a full-time student under the age of 24 living with a parent or guardian while you are not in school, you probably still meet the requirements to be addicted.

However, dependents still have to file self-declarations. Income for relatives is divided into two categories: earned income (money earned by working) and earned income (money earned from investments such as the stock market). These filing requirements are based on income, so if a maintenance recipient receives either earned or earned income, they or their parents must file a tax return for them.

What happens if you are a released minor?

If you have been released from your parents by court or by marriage (state laws apply in both cases), you would probably not be considered an addict (provided you provide more than half of your own financial support and no longer live with your parent or guardian). ) and would submit the taxes independently. So you would be entitled to your own stimulus control if you met the requirements.

What happens if you are currently serving in the United States Armed Forces?

If you are 17 years of age or older and have been employed by the U.S. Armed Forces, you are considered exempt from your parents or guardians and would file taxes independently. Therefore, you are entitled to your own stimulus control if you meet the requirements.

What happens if you are married or have a child?

If you are under the age of 24 but are married or have a child of your own who you claim to be dependent on, you are considered independent of the IRS. Therefore, you are entitled to your own stimulus control if you meet the requirements.

Find out for more if you are eligible for a second stimulus check and when you can expect a second stimulus check. If you still have not received a first stimulus check, you can track the status of your stimulus control, learn how to report your missing check to the IRS and find possible reasons why your stimulus control has still not arrived.

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