Recovery rebate credit?
I didn't qualify for the first two stimulus checks because I was claimed as a dependent. Recovery rebate credit uses 2020 tax information and I graduated and no longer qualified as a dependent that year. When I was filing, I was asked if I missed both stimulus payments. I said I received the first stimulus (1,200) because I got a cares act grant through my college of 1,200. I thought that was the same thing because it was the same amount, but a friend is saying that the grant was not the same as a stimulus check from the government. Was I then supposed to say I missed both stimulus payments and get both stimulus payments? Did I make a mistake on my taxes?
I was 24 years old in 2020