Tax guide

Will I get the new $600 stimulus payment for my child born in 2020?

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The rules for determining your $600 stimulus amount per child as per the December 2020 COVID relief bill will likely be the same as the CARES Act: Children born in 2020 will likely not qualify you for an extra $600 when you receive your stimulus money, but you should be able to claim that amount via the Recovery Rebate Credit in 2021.

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