Warning: file_exists(): File name is longer than the maximum allowed path length on this platform (260): C:\zpanel\hostdata\zadmin\public_html\forexbr_com_br/wp-content/cache/supercache/www.forexbr.com.br/2020/05/26/the-moneyist-my-mother-claimed-me-as-a-dependent-in-2019-but-i-was-not-aware-of-this-what-can-i-do-to-claim-my-1200-stimulus-check/meta-wp-cache-bb145a008b3319b16455ab199cbc320f.php in C:\zpanel\hostdata\zadmin\public_html\forexbr_com_br\wp-content\plugins\wp-super-cache\wp-cache-phase2.php on line 71 The Moneyist: ‘My mother claimed me as a dependent in 2019, but I was not aware of this.’ What can I do to claim my $1,200 stimulus check? – Forex Brasil

The Moneyist: ‘My mother claimed me as a dependent in 2019, but I was not aware of this.’ What can I do to claim my $1,200 stimulus check?

Now, however, it’s a different story. It has kept me from receiving a stimulus check. I filed the non-filer paperwork, and that’s how I discovered that I was being claimed, and that I was denied a stimulus. Is there anything I can do now, or in the future, to claim my $1,200 stimulus check?

Rob

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Dear Rob,

It sounds like you have a healthy relationship with your mother. That makes a nice change from many of the letters I’ve received over the years. Your payment is an advance on a 2020 tax credit, so you should indeed receive $1,200. Now, for the bad news: It won’t arrive until next year.

‘Your payment is effectively an advance on a 2020 tax credit, so you should receive a stimulus payment of up to $1,200. Now, for the bad news.’

Some 150 million stimulus checks have been sent, and millions more people are awaiting their money. The IRS will send $1,200 payments to individuals with adjusted gross annual income below $75,000, and $2,400 to married couples filing taxes jointly who earn under $150,000.

“In many instances, eligible taxpayers who received a smaller-than-expected economic impact payment may qualify to receive an additional amount early next year when they file their 2020 federal income tax return,” the IRS said.

“EIPs are technically an advance payment of a new temporary tax credit that eligible taxpayers can claim on their 2020 return. Everyone should keep for their records the letter they receive by mail within a few weeks after their payment is issued,” it added.

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Having your bank details on file will help speed the plow for a payment next year. If the IRS does not have your bank-account information on file, it will likely take longer. Approximately 14 million Americans don’t have bank accounts or 6.5% of U.S. households.

There were glimmers of hope for U.S. workers who are endeavoring to make ends meet with their $1,200. The Democratic-run House of Representatives approved its HEROES Act, a $3 trillion coronavirus relief package, over a week ago, and analysts say it’s likely next month or later.

You can submit your bank-account and address information through the IRS tracking tool, “Get My Payment.” It should also tell you if the IRS needs more bank-account information. In the meantime, I hope you and your mother stay healthy, and safe.

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You can email The Moneyist with any financial and ethical questions related to coronavirus at qfottrell@marketwatch.com. Want to read more?Follow Quentin Fottrell on Twitterand read more of his columns here

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