Quote:
Originally Posted by mistyinca  I believe the reason they set the 12/31/1990 date is because the stimulus payment is actually an advance of next years' tax refund. So imagine next year when you file taxes, this payment is part of that refund. At that time, during the year, she will have been over 18. |
No it is not an advance on any refund.
In order to receive $300 per child....that child must be under 17...which is the cut off age for the child care credit. If you are unable to use that credit...that child does not qualify.
Here's a link from irs.gov...FAQ -
Economic Stimulus Payments: Most Frequently Asked Questions