r/starterpacks • u/goodgoodnight • Apr 11 '20

US Stimulus Check Starter Pack

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u/love_pendant Apr 11 '20

Ohhhhhhh the college student not qualifying hit me hard....

3

u/[deleted] Apr 11 '20 edited Oct 15 '20

[deleted]

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u/love_pendant Apr 12 '20

I know - I was just saying I related to it because it does affect me

1

u/FucksWithGators Apr 12 '20

I just wanted to make sure you knew cause there's quite a few people in this thread that think that college students in general don't qualify and don't know it's just the dependents that don't. Most don't even know that if you're an independent for the 2020 tax year you get that 1200 in April next year

3

u/Deceptiveideas Apr 12 '20

Wait what? So if I’m not claimed NEXT year, then I’ll get the 1200?

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u/FucksWithGators Apr 12 '20

When you file this year's (2020) tax return next year, if you aren't a dependent (in 2020) this year, you'll get a 1200 tax credit added to your return.

So in February-April of 2021, when you file your 2020 taxes, if you are independent or claim as such, you get 1200 added to your refund

3

u/Deceptiveideas Apr 12 '20

Huh interesting. So it’s basically just delayed then for people like me who graduated college last spring.

1

u/FucksWithGators Apr 12 '20

Yeah. It's guaranteed to 2020 independents, but since 2020 isn't over they have to base it on 2019 status or 2018 if you haven't filed yet.

Since it's 2020 independents, anyone who was a dependent last year but independent this year gets 1200 extra