Question: Michael is a college student, supported by his parents, and claimed as a dependent in the previous tax years. Assuming he can still be claimed as a dependent this year, regarding the stimulus payments and the recovery rebate credit, can Michael file a tax return to claim this credit?
Answer: No. To claim the recovery rebate credit (RRC), an “eligible individual” is any individual other than a nonresident alien or an individual who is a dependent of another taxpayer for the tax year. A dependent of the taxpayer, as defined for purposes of the dependency exemption by §152(c), includes a qualifying child and a qualifying relative.
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Information included in this article is accurate as of the publish date. This post is not reflective of tax law changes or IRS guidance that may have occurred after the date of publishing.