Stimulus Payment FAQ from NYTIMES

  • #3445733
    173.***.169.122 1730

    뉴욕 타임즈에서 퍼왔습니다. 8분전에 올라온 기사임…

    Stimulus Payments
    How large would the payments be?

    Most adults would get $1,200, although some would get less. For every child age 16 or under, the payment would be an additional $500.

    How many payments would there be?

    Just one. Future bills could order up additional payments, though.

    How do I know if I will get the full amount?

    It depends on your income. Single adults with Social Security numbers who are United States residents and have an adjusted gross income of $75,000 or less would get the full amount. Married couples with no children earning $150,000 or less would receive a total of $2,400. And someone filing as head of household would get the full payment if they earn $112,500 or less.

    Above those income figures, the payment decreases until it stops altogether for single people earning $99,000 or married people earning $198,000.

    In any given family and in most instances, everyone must have a valid Social Security number. There is an exception for members of the military.

    You can find your adjusted gross income on line 8b of the 2019 1040 federal tax return.

    What year’s income should I be looking at?

    2019. If you haven’t prepared a tax return yet, you can use your 2018 return. If you haven’t filed that yet, you can use a 2019 Social Security statement showing your income.

    What if my recent income made me ineligible, but I anticipate being eligible because of a loss of income in 2020? Do I get a payment?

    The bill does not appear to help people in that circumstance, but there are many other provisions in the legislation. You may be able to file for unemployment or for one of the new loans for small business owners or sole proprietors.

    Would I have to apply to receive a payment?

    No. If the Internal Revenue Service already has your bank account information, it would transfer the money to you via direct deposit based on the recent income-tax figures it already has.

    When would they arrive?

    Treasury Secretary Steven Mnuchin said that he expected most people to get their payments within three weeks.

    If my payment doesn’t come soon, how can I be sure that it wasn’t misdirected?

    According to the bill, you would get a paper notice in the mail no later than a few weeks after your payment has been disbursed. That notice would contain information about where the payment ended up and in what form it was made. If you couldn’t locate the payment at that point, it would be time to contact the I.R.S. using the information on the notice.

    What if I haven’t filed tax returns recently, would that affect my ability to receive a payment?

    It could. File a return immediately, at least for 2018, according to the I.R.S. website. “Those without 2018 tax filings on record could potentially affect mailings of stimulus checks,” the site says.

    If you’re worried about money that you owe that you cannot pay, the I.R.S. recommends consulting a tax professional who can help you request an alternative payment plan or some other resolution.

    Would most people who are receiving Social Security retirement and disability payments each month also get a stimulus payment?

    Yes.

    Would eligible unemployed people get these stimulus payments? Veterans?

    Yes and yes.

    If my income tax refunds are currently being garnished because of a student loan default, would this payment be garnished as well?

    No.

    • tax 71.***.208.215

      it means this benefit only belongs to Green card holderor taxpayer who files tax at least 5 years without Green card

      if you filed tax at least 5 years, you are considered as Resident alien on Tax law even though you are not Green card holder.

      Non-resident alien means people who pay tax less than 5 years. see the below News link.

      https://www.nbcdfw.com/news/national-international/congress-send-taxpayers-coronavirus-relief-checks-who-qualifies/2338595/

      • qqqq 99.***.78.106

        5년간 tax filing을 해야 Resident Alien for Tax Purposes가 되는게 아닙니다.. Substantial Presence Test를 해서 Resident Alien인지 Non-resident Alien인지가 파악 되는거죠..
        https://www.irs.gov/individuals/international-taxpayers/determining-alien-tax-status

        You will be considered a United States resident for tax purposes if you meet the substantial presence test for the calendar year. To meet this test, you must be physically present in the United States (U.S.) on at least:

        31 days during the current year, and
        183 days during the 3-year period that includes the current year and the 2 years immediately before that, counting:
        All the days you were present in the current year, and
        1/3 of the days you were present in the first year before the current year, and
        1/6 of the days you were present in the second year before the current year.

    • bb 72.***.226.94

      2018년수입을 2019년에 filing할때 제공한 bank account를 최근에 close했는데요, 어떻게 하죠?

      • 216.***.148.135

        미국에서 한번 닫힌 계좌의 번호를 다른 사람이 다시 사용하는 경우는 없으므로 돈이 잘못 송금될 가능성은 없을 거구요. 계좌가 닫힌 경우에는 집으로 수표를 보낸다고 합니다. 혹시 마지막 세금보고하신 후에 이사를 하셨다면 아래 8822 양식으로 꼭 주소를 업데이트 하시기 바랍니다/
        https://www.irs.gov/faqs/irs-procedures/address-changes/address-changes

    • SSN 184.***.118.43

      2018년 인컴은 dual states return 이고 2019년 인컴은 아직 filing 안했습니다. 이런 경우에도 1200불 받을 수 있는지요?

      • 216.***.148.135

        네, 1040 federal tax report의 adjusted gross income 기준이라 state tax return과는 아무런 상관이 없는 것으로 알고 있습니다.

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