Over 13 million college students and young adults aged 17 to 24 who are listed as dependents aren’t eligible to receive stimulus aid. This is due to a tax code definition of ‘child dependent’.
If you do count as a dependent, you won’t get your own money but a sum of $600 will be added on to your family’s share. This can get even more complicated and leave you wondering, when will you qualify your stimulus check?
However, some students and young adults could reactively get their stimulus payment. Keep reading to understand why college students are claimed as dependents and how one can overcome this situation to receive your stimulus payment.
WHY COLLEGE STUDENTS AREN’T ELIGIBLE FOR STIMULUS AID?
Only dependent individuals under 17 years old could qualify for stimulus payment to the taxpayer claiming them on their taxes, it means dependents who are 17 years or older such as college students won’t receive stimulus payments.
According to CBPP, a nonpartisan research and policy institute, “Over 15 million adult dependents were leftover in receiving stimulus aid under the CARE Act”. And a similar amount of young people will be overlooked in the next round.
These age requirements are estimated using the same strategy as the Child Tax Credit. According to a report from Tax Foundation, “A young adult or college student under the age of 17 years who qualify for 2019 tax year and hasn’t provided more than half of his/her expenses and living with a taxpayer and being claimed as a dependent for more than six months is eligible for a stimulus payment”. Besides, the CARE Act excluded the following groups from receiving the first stimulus check:
● 5 million 17 to 18 years old adults
● 4 million college students aged 19 to 23 years of age
● About 400,000 disabled adults aged 19 or older
● Over 5 million other lower income adults who are claimed as dependents
CBPP wrote in May, “There is no clear policy thinking for excluding these dependents”.
WHAT IF SOMEONE WRONGFULLY CLAIMED YOU AS A DEPENDENT?
You may not know that you’ve been claimed as a dependent. In this case, you’ll figure out when you file your income tax return. You will receive an error stating that you have been claimed on someone else’s tax return. You’ll receive a mailed notice from the IRS (Internal Revenue Service). When this error occurs, you won’t be able to e-file tax returns, in such a situation you’ll have to file a paper return.
However, if you already know someone else has wrongfully claimed you as a dependent, you don’t need to e-file your tax return. You’ll have to skip straight to filing a paper return, to begin with, the dispute process.
HOW TO FIX THE SITUATION?
If you know who falsely claimed you as a dependent, you can simply ask them to file an amended return to fix this issue. This process might take some time, though. And you still have to paper file your tax return to get in on proper time.
On the other hand, you may not know who wrongfully claimed you as a dependent. In this case, you’ll have to file your paper tax return, claiming your dependents.
Once your return is processed, which usually takes up to two months, you and those who claimed you will receive a letter. Now, the IRS will start the process to find out who is truly claiming your dependents, you or the former claimer?
SOME PROPOSALS DO INCLUDE THESE DEPENDENTS ADULTS AND STUDENTS
Many college students are confused about adult dependents, wondering why they aren’t receiving stimulus payments this time around. This is because some stimulus proposals might have made them eligible for this aid but weren’t signed into law. For example:
● The HEROES Act would have included full-time college students, who are under the age of 24 and dependent adults to be eligible for stimulus aid. After revisions, the bill even added up to a cost of $2.2 trillion.
● The CASH Act would have offered $2,000 stimulus money instead of $600 and include college students as well. However, Mitch McConnell (Senate Majority Leader) is against the bill and considers it as no realistic path to quickly pass the Senate.
HOW COLLEGE STUDENTS CAN CLAIM A STIMULUS CHECK BY USING RECOVERY REBATE CREDIT?
Students who are above the age threshold are eligible for a stimulus aid only if someone else doesn’t claim them as a dependent. Keep in mind, those who contribute more than half of their financial support are not eligible to be claimed as dependents on someone else’s taxes.
According to the IRS, “Taxpayers are eligible to claim the Recovery Rebate Credit from the CARES Act on their 2020 tax returns, using the form 1040 or 1040-SR”. Claiming Recovery Rebate Credit will increase the tax refund amount you’ll receive or decrease the amount of taxes you owe.
Besides, these forms can be used by students or adults who don’t usually file tax returns but are eligible for this credit. They are young adults or college students who work part-time during college but do not make enough money to be required to file taxes.
Great Artists of The Virtual Platform: Rajat Singla and Megha Singla
There is always a down fall in everyone’s life. Life is the name of ups and downs. The ups and downs of life are nothing more than a shadow, they fade away gradually. They are like designs made in the sand, only one wave is enough to vanish them. We all know that the happiness and the sorrow are temporary in life, but then also, the sorrow affect the life and the mind. The particular time period affects the person’s mind. There are even many day-to-day works, which can create difficulties in one’s life and one can get affected through that stress. The stress of life can affect physically as well as mentally. One should try different ways to ease the stress of life as the stress adversely affect the person physically and mentally.
Music can ease this stress of life. The music can heal even the physical disability of any person. The person can be healed by making him listen to the music, which touches his soul. There are a lot of cases, in which, the person is healed through the music therapy. The music includes playing any instruments of music or singing in a proper way. The music includes rapping too. There are a lot of singers, who touch the hearts of people by their voice. One such singer is Rajat Singla. He has touched the hearts of people by singing in his magical voice. His songs are available on the virtual platforms of music like Gaana.com, Spotify, Apple Music and Jio Saavan. These virtual platforms are very well-known among people. The list of songs by Rajat Singla includes ‘Na Dil Manda’, ‘Kudi Nakhre Wali’ and ‘Dil’. These songs are getting more and more likes on the virtual platforms stated above. His wife Megha Singla also sings beautifully and getting fame as well.
One more way to ease the stress is to read inspirational books. Rajat Singla has contributed to the field of books too. He has written a book on his own life. The name of the book is ‘My Life, My Success Mantras’. the book has insights in the life of author himself. The book is written in the words of Rajat Singla. The book is written to direct the businessmen and give them success mantras for success in the field of business. The book has shown the starting life of Rajat Singla and his career. Readers can get knowledge about the success in life.
The importance of virtual platform is arising with the increase in the use of mobile phones. There are lot of virtual platforms available for each kind of art and business. The artists like Rajat Singla have won the hearts of many people by using these platforms. He has used the virtual platform for make his songs available to people, as we have stated above. He has used the virtual platform of Amazon Kindle for publishing his book ‘My Life, My Success Mantras’. Readers can get the book and music by Rajat Singla on these virtual platforms. Truly, the artists like Rajat Singla are like asset of the nation.
Valentina Beli is the face for Grande Cosmetics
Valentina Beli, NYC based fashion model did an amazing campaign shoot for Grande Cosmetics. This company was launched in 2008 by Alicia Grande with the very first product Lash enhancing serum. The serum was so successful that the company produces now many different products for the face and hair. Valentina was posing together with 2 different models for Grande eye cream. The purpose of the campaign was to show natural beauty. All photos are not retouched and they show the skin and age diversity.
Valentina is happy to be a part of this mindful campaign.
“Models don’t have any power to control their pictures and to control the postproduction. So that’s why it is priceless when you can be yourself on set” said the supermodel.
Valentina did multiple campaigns in Paris, Milan, China, New York.
“My photos have been exposed in big boards all around the world. I’m thrilled to see the printed results in Sephora and Ulta beauty shops”, said Valentina.
You can see last updates in Valentina’s Instagram @valentinabeli.
Thousand trees planted in the Alleys of Fame in 15 cities of Russia by Ecoplant
It is enough just to drive away from the Russian capital, and you’ll find yourself in a fairy forest. This is the Ecoplant plant nursery, where 9670 plant species are grown. They are all adapted to the harsh climatic conditions of Russia.
How is it possible? Of course, the experience of the nursery plays a huge role as trees have been grown here for more than twenty years. During this time, the company specialists have gained extensive knowledge on how to adapt plants and help them survive, so all the seedlings come with a 3-year warranty.
Among the plants grown by Ecoplant, there are various types of thuja, coniferous and deciduous trees, shrubs, fruit plants, and exclusive garden species.
The Ecoplant team employs people with a professional expertise in their field: 15 agronomists-dendrologists, 30 teams of landscape gardeners, and 79 customer service managers who accompany the orders on all stages and pay attention to every detail. In addition, the nursery applies the most advanced plant care equipment.
During its operation, Ecoplant has repeatedly become the winner of prestigious awards in its field of activity. The company has won landscape design competitions, as well as competitions among nurseries for their ornamental crops. In addition, the company carried out a large-scale campaign called “Walk of Fame”, during which thousands of trees were planted in 15 cities of the Russian Federation.
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