Case Study #1: College student dependent - Spidell

Case Study #1: College student dependent

Javier and Helen file a joint return in 2019 with AGI of less than $150,000. They claim their son Parker as a dependent; he is 20 years old and a full-time college student.

Javier and Helen are eligible for an economic impact payment of $2,400. They will not receive the $500 payment for Parker because he is not a qualifying child under age 17. Also, Parker is not eligible to receive an economic impact payment because he was claimed as a dependent on his parents’ return. This is the case even if he files a return showing wages from a part-time job.

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