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Updated almost 5 years ago on . Most recent reply

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Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
533
Votes |
922
Posts

How to get $500 stimulus for daughter born in 2019

Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
Posted

Hi!

This question is for folks keeping up with the upcoming stimulus.  It sounds like the IRS is administering sending funds for folks, at that $1200 / person + $500 per kid/dependent.  The trick is we haven't filed our 2019 taxes yet, and we had Sarah born 4/30/2019.  I'm wondering if anyone knows how we can ensure the IRS has records of our newest addition so we don't get left out of that other $500.  Maybe there's a form?  Maybe they have it covered if they're working with the Social Security administration, etc.?

Thanks in advance.

Most Popular Reply

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100
Posts
71
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Adam Rasmussen
  • Accountant
  • Vancouver, WA
71
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100
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Adam Rasmussen
  • Accountant
  • Vancouver, WA
Replied

First of all congrats on the new baby! 

From what I've heard since the IRS has no way of knowing you have an additional child, there will be a $500 credit on your 2020 taxes. Not sure how that is supposed to immediately stimulate the economy but that is what I've read. 

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