Federal Stimulus Check For College Students

In terms of financial strategy you might be thinking you should allow a dependent college student or young adult to file a return to claim the 1 800 in stimulus money.

Federal stimulus check for college students. Depending upon whether they meet the qualification criteria some college students could potentially be looking at up to 1 800 in relief money in 2020 when you factor in both the first stimulus. There are only a few situations in which a college student might nevertheless qualify for a stimulus check. Find out if you re eligible to get a stimulus check on your own or if you re claimed as a dependent.

At the university of southern california students can apply for up to 3 000 in federal stimulus cash. In addition the plan would provide a full 2 000 check for adult dependents such as people with disabilities college students and others normally claimed as dependents on taxes. The checks will amount to 600 for each qualifying adult and child half the amount of the 1 200 checks sent out earlier this year.

On december 28 the u s. House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting. That means eligible taxpayers can expect to receive up.

Of course the college student could not be claimed. If the student is age 24 or older if the student is married and files a joint return. For example if a college student earned income in 2019 and filed a federal tax return that college student may qualify for a stimulus check.

Angela lang cnet though a second stimulus check of up to 600 per person is on its way to.