In some rare cases, a married couple filing a joint return may qualify for a full credit even if only one spouse has a valid Social Security number. This includes someone who was born or died in 2020. Did not receive the full amount of the credit through an Economic Impact Payment.Must have a Social Security number that is valid for employment before the 2020 tax return due date.Cannot have been a dependent of another taxpayer in 2020.In order to qualify for any of the credit on your 2020 tax return, you: If you are attempting to claim part or all of the credit on your 2020 tax return, the credit will be based on your 2020 tax information. This could have been from your 2019 tax return or your 2018 tax return if you had not already filed a 2019 return by the time the money was issued. Qualifying for the initial advance payments was based on the information that the government had at the time of distributing the payments. Who is eligible for the 2020 Recovery Rebate Credit? The good news is, if you received too much of the credit, you are not required to pay it back even if you file a 2020 tax return. You must file a 2020 tax return to claim any credit that you have not already received, even if you otherwise are not required to file a 2020 tax return. If you did not receive the credit or not enough of the credit through the stimulus payments, the only way to claim the proper amount is on your 2020 tax return. The goal was to get money into the hands of taxpayers as fast as possible without having to wait for them to file their 2020 tax returns.The government sent out an amount thought to be what you would be eligible for based mostly on your prior year tax return or your eligibility for certain benefits such as Social Security. ![]()
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