Will There Be A Stimulus Check For College Students

The checks could get into the hands of americans as early as the week after christmas.

Will there be a stimulus check for college students. According to a nov. If the student is age 24 or older if the student is married and files a joint return with. 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.

The agency is urging eligible students to take action by nov. Therefore a university age student who is not claimed on a tax return as a dependent could be eligible for a stimulus check under the. There are only a few situations in which a college student might nevertheless qualify for a stimulus check.

Some college students will qualify for stimulus checks but only if they aren t declared as a dependent on. To be clear college students can get the second 600 stimulus check they just have to be financially independent. 21 in order to obtain coronavirus stimulus money made available under.

With a new round of stimulus payments coming under the new stimulus deal many families of college students are hearing that they should declare their college students independent so that they can claim the stimulus payments. The republican proposal in the u s. 5 statement from irs commissioner chuck rettig they have to.

5 the irs issued an important alert to college students. That may make sense for some but it s not universal good guidance. Congress passed the cares act in march and sent direct cash.

Congress is considering another round of stimulus checks but many are wondering if college students will be included in this round.