I believe everyone should have heard that under the new coronavirus pandemic, Trump proposed a cash stimulus check (similar to the 2009 tax rebate bill) to subsidize families affected by the epidemic. Recently, Finance Minister Steven Mnuchin also said that those who meet the conditions for payment will receive a $ 1200 subsidy within three weeks, which is part of the 2 trillion bailout plan signed by Trump last Friday. So who can get this $ 1200 in cash? What procedures are needed to get the money? After reading this article, go and apply!
Who can get coronavirus stimulus check? The bill stipulates that non-resident aliens (NRA), estates and trusts cannot be claimed, that is, the vast majority of Americans, including residents, green card holders, workers Cardholders (with SSN) can get this subsidy.
For example, under this standard: American citizens: Yes
Green card holder: Yes
Foreigners working in the United States with a work card (with SSN) (eg H-1B): Yes
Foreigners who have SSN and use ITIN for tax reporting: Yes
Foreigners working in the US without SSN: No
Foreigners who do not have an SSN but use ITIN for tax returns: no
How much can I get? Most Americans issue checks of $ 1200, couples of $ 2400, and every child under the age of 17 will receive $ 500.
If the taxpayer ’s income exceeds the gross income of $ 75,000 (family $ 150,000), then for every additional $ 100, the money received will be reduced by $ 5, and so on. Annual benefits over $ 99,000 (family over $ 198,000) will not have this benefit .
How to apply for stimulus check? No need for you to operate, the government will pay according to your tax return for the past two years. If you have not yet filed the tax for 2019, then it will be determined based on your 2018 tax return.
The government will directly send the money to your tax account. If you do not have an account, the IRS will send you a check.
So if your address changes, please tell the IRS as soon as possible!
When to apply and when to get it? Although the Minister of Finance stated that it would be distributed to eligible people "within three weeks", many experts said that most people were most likely to receive it in late April. Now that the situation has changed, and the number of people issuing more than expected, it may not be available until mid-May.
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