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Showing posts with label government stimulous payment. Show all posts
Showing posts with label government stimulous payment. Show all posts

April 28, 2020

Current Status of Delivery of Stimulous Payments to US Expatriates and Others

Read about the latest news on your Covid stimulous checks, the problems, how to resolve problems, how to enter your bank account number so you can have it deposited directly in your US bank account, etc. HERE FROM YAHOO NEWS 

Yes as an expat living abroad you can get this stimulous payment if you qualify.  Good luck. It may take many months to resolve all problems and for your payments to arrive. Most who have filed their 2019 return and included their US bank account number have already received their stimulous payment.  And yes, if you get the check it will included Donald Trumps name in the memo line.

March 31, 2020

COVID VIRUS BENEFIT PAYMENTS ARE COMING TO MOST TAXPAYERS ASSUMING THEY DO NOT MAKE TOO MUCH- HOW TO GET THAT PAYMENT AND ELIGIBILITY

The IRS will send out covid benefit stimulous payments to all taxpayers who filed a 2018 or 2019 tax return.  If you income decreased in 2019 you may want to file that tax return with the IRS as soon as possible since that decrease may me you eligible when previously your adjusted gross income was
too high or if you want IRS to direct deposit in your US bank account (and that information was no on your 2018 form 1040).

Determine your benefit payments and the rules, cut off for high income, etc. in the  FORBES MAGAZINE ARTICLE HERE

If you did not file a tax return you need to file it very soon. If your income was low and you were not required to file a tax return you can file a simple one now (to speed up process) or wait for the IRS to put up a website where you can register to receive it by direct deposit.

So far there is no limitation on making payments to those expats living and working abroad, though at some time in the future further rules or limitations may be anounced.  Want to file a tax reutrn now. CONTACT US TO GET YOUR TAX QUESTIONNAIRE A FEE QUOTE