Stimulus Check For College Students

If the student is age 24 or older if the student is married and files a joint return.

Stimulus check for college students. If you are a college student eligible for a 1 200 coronavirus stimulus check under the cares act take action by nov. Media coverage of the coronavirus aid package has correctly described why most college students can t collect stimulus checks. College students under age.

For both the first round of payments authorized by the cares act in march and the second round of stimulus checks included in the. It could increase your tax bill. There are only a few situations in which a college student might nevertheless qualify for a stimulus check.

Dependent college students won t get a second stimulus check. High schoolers college students may not be eligible for stimulus checks. Whether the irs counts you as a dependent or an adult determines whether you get your own stimulus check contribute to your family s payment or get nothing at all.

Here s how college students could collect 1 800 in stimulus payments parents be careful about giving up claiming a young adult child as a dependent. 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. 21 to get your money.

Excluding college students and other adult dependents was a matter of debate with the first round of checks with some families arguing that older dependents should also qualify for the payments. The bill awards 500 per dependent child to qualified taxpayers.