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Why Is The US Economy Experiencing High Growth And Low Inflation? – Analysis
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IRS releases Data Book for fiscal 2020 describing agency s activities during pandemic
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How Your Third Stimulus Check Will Differ From the First Two Payments
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Dependent College Students Won t Get a Second Stimulus Check
For both the first round of payments authorized by the CARES Act in March and the second round of stimulus checks included in the COVID-Related Tax Relief Act, anyone who could be claimed as a dependent on someone else s 2019 tax return (regardless of whether they re
actually claimed as a dependent) isn t eligible for the cash.
Unfortunately, that hits most college students hard. College students who were 23 or younger at the end of 2019 and who didn t pay at least half of their own expenses that year could be claimed as a dependent on their parents 2019 tax return. So, those students are out of luck when it comes to stimulus checks.