Tax guide

Will I get the $500 stimulus payment for my child born in 2020?

Table of Contents

Coronavirus FAQ

You got this—all you have to do is start!

We make filing taxes delightfully simple with our flat–rate price. Every feature included for everyone.

Start filing

For the first economic impact payment (EIP1) provided by the CARES Act, children born in 2020 would not have added an additional $500 to your stimulus payment. However, when you file your 2020 taxes in 2021, you will be able to claim that $500 on your tax return via the Recovery Rebate Credit.

The rules will likely be the same for the second economic impact payment (EIP2), which includes a $600 stimulus amount for qualifying children.

EIP3 includes $1,400 for each dependent, regardless of age, but any missing amounts cannot be claimed until you file your 2021 taxes in 2022.

Sign Up

It’s not too good to be true. See what others are saying about filing taxes online with