Stimulus Check Requirements For College Students

Sarah tew cnet if you qualify for the second stimulus check jan.

Stimulus check requirements for college students. 15 was the last day for the irs to automatically send the. You also had to have an adjusted gross income agi of under 75 000 to receive the full amount. Irs urges eligible college students to register for.

The cares act provides an extra 500 for every child you claim. Specifically college students who were claimed as a dependent on their parents 2019 tax returns won t get any stimulus money. Citizens and resident aliens who meet income requirements and who cannot be claimed as a dependent on another person s tax return are generally eligible.

Who is eligible for a stimulus check. If the student is age 24 or older if the student is married and files a joint return. In that scenario assuming you meet all other requirements you can get a stimulus check.

To be clear the cares act does not stipulate that an individual be an enrolled college student in order to qualify for that first stimulus check. If your tax filing status is single and your adjusted gross income is less than 75 000 you should receive 1 200 and then a little less for every bracket over that amount until 99 000 at which. Now let s assume that you re a college student and you re financially independent.

The 900 billion stimulus law also defines dependents as those age 16 and younger leaving out those age 17 and older including most college students and older relatives. The eligibility rules for a second stimulus check have changed. 21 to get your money.

If you are a college student eligible for a 1 200 coronavirus stimulus check under the cares act take action by nov.