Tax guide

My child is 17 now, but was 16 on December 31, 2019. Will I receive a $500 stimulus payment for him?

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Since the only way to claim a missing amount at this point is to file your 2020 tax return and claim the Recovery Rebate Credit, you won’t be able to claim the additional payments ($500 from the CARES Act or $600 from the Consolidated Appropriations Act) for your 17-year-old because they are now over the age threshold—16 years.

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