Stimulus For Dependents Irs
There was no limit to.
Stimulus for dependents irs. Like the first round of stimulus checks in march. The first stimulus payment sent out under the march cares act allocated up to 1 200 for qualifying american adults and 500 for the dependents. The first stimulus payment included 500 for dependents aged 16 and younger.
Who does the irs currently define as a qualified dependent for stimulus checks. One thing that didn t change is the formula the. As with the first stimulus check children age 17 and above and dependent adults won t be eligible for the 600 dependent payout.
There was no limit to the number of children who could count as dependents as long as they were 16 or younger and. Child dependents who are 17 years old the 900 billion stimulus package directs 600 to each child in a family as long as they are considered qualifying children under the irs tax code for the. That s a 600 maximum for each adult down from 1 200 per person in the first stimulus check with another 600 per child dependent up from 500.
This excludes roughly 13 5 million adult dependents from. 600 for each child up from 500 in the. Aside from the smaller stimulus checks for adults the other major change under the bill passed by congress is the amount provided for dependent children.