A child born in 2021 will qualify for the 2021 Recovery Rebate Credit of $1,400 for the third round of economic impact payments as long as the child has a valid social security number. The credit will be claimed on the taxpayer's 2021 tax return. The TP would not have been eligible for an advance payment of the credit since the child was not a dependent on either the 2020 or 2019 return.
Additional Information: