What is even worse for them is that their parents already filed for 2018-19 and will have to file amended, taking their children OFF as dependents, from Mom and Dad's returns, to let their little 'angels' have a stimulus check.
Why would parents have a problem with that? They have to file a 1040-X and explain in writing why the amendment should be accepted.
An actual person at the IRS has to now peruse their tax returns and might just find some other irregularities.
There are going to be epic family arguments in basements over the next two weeks... you can bet on it.
What is even worse for them is that their parents already filed for 2018-19 and will have to file amended, taking their children OFF as dependents, from Mom and Dad's returns, to let their little 'angels' have a stimulus check.
Why would parents have a problem with that? They have to file a 1040-X and explain in writing why the amendment should be accepted.
An actual person at the IRS has to now peruse their tax returns and might just find some other irregularities.
There are going to be epic family arguments in basements over the next two weeks... you can bet on it.