Corona Aid

[biaobiao 40]

I just want ask, with this corona virus affected everybody. US President have advised that they will provide aid to Adult Americans. would that mean that LPR who are also paying taxes will not receive any aid on this current situation?! 

Just asking. 

[designguy 1,179]

No details of what kind of relief and who will get it has been finalized

[biaobiao 40]

so there is still hope 🤞🏻

it would be nice not to worry about eviction or food to eat 😔

[Steeleballz 7,550]

   Historically these types of aid bills have given funds as tax rebates, so LPR's would qualify. They could conceivably also tie it to social security data if they want to send out checks, which would also probably make LPR's eligible. That said, I don't think the exact details of the plan have been released yet, so it's hard to say for sure.

[biaobiao 40]

1 minute ago, Steeleballz said:

   Historically these types of aid bills have given funds as tax rebates, so LPR's would qualify. They could conceivably also tie it to social security data if they want to send out checks, which would also probably make LPR's eligible. That said, I don't think the exact details of the plan have been released yet, so it's hard to say for sure.

thank you. its just the news would always say “American”. i meant no disrespect but I was just wondering l. 

 

thank you

[Prizm123 1,086]

50 minutes ago, biaobiao said:

so there is still hope 🤞🏻

it would be nice not to worry about eviction or food to eat 😔

i think that there will be some sort of freeze on evictions. for now internet and electricity can not be cut off where i live

[Steeleballz 7,550]

18 minutes ago, biaobiao said:

thank you. its just the news would always say “American”. i meant no disrespect but I was just wondering l. 

 

thank you

 

   They do make it confusing. I have see several news articles saying it will be for all tax payers, but I have also seen a few saying it's only for US citizens. The last 2 times they have passed a stimulus bill, LPR's were included since is was tied to tax status. I hope they include LPR's in this one. It doesn't make sense to exclude tax paying legal residents from the bill. 

[biaobiao 40]

Just now, Steeleballz said:

 

   They do make it confusing. I have see several news articles saying it will be for all tax payers, but I have also seen a few saying it's only for US citizens. The last 2 times they have passed a stimulus bill, LPR's were included since is was tied to tax status. I hope they include LPR's in this one. It doesn't make sense to exclude tax paying legal residents from the bill. 

agree. i am hoping for the best. this amount will really help.

 

its also getting crazy here in houston 😩

 

[MadMaxSF 2]

What about citizens living outside of the country?

[Carpe Vinum 2,327]

4 hours ago, MadMaxSF said:

What about citizens living outside of the country?

The last time they did this it was tied to your tax return. So if you are filing taxes while you are abroad...maybe. But who knows this time around...

[Boketto 211]

Right now it is tied to your 2018 tax returns. $1200 per individual earning <$75k, $2400 per couple filing jointly. Aid will phase out for incomes above $75k, with a cap of $99k. If you did not have federal tax liability in 2018, I think you would receive $600. The final numbers and when it will be distributed is still being discussed. 

[Mike E 11,739]

21 hours ago, biaobiao said:

thank you. its just the news would always say “American”. i meant no disrespect but I was just wondering l. 

 

thank you

“US Citizens, US Nationals, and US lawful permanent residents” is a mouthful and tedious.  

[Orangesapples 1,954]

14 minutes ago, Boketto said:

Right now it is tied to your 2018 tax returns. $1200 per individual earning <$75k, $2400 per couple filing jointly. Aid will phase out for incomes above $75k, with a cap of $99k. If you did not have federal tax liability in 2018, I think you would receive $600. The final numbers and when it will be distributed is still being discussed. 

Is the 99k cap for single or for married people? 

[Steeleballz 7,550]

17 minutes ago, Boketto said:

Right now it is tied to your 2018 tax returns. $1200 per individual earning <$75k, $2400 per couple filing jointly. Aid will phase out for incomes above $75k, with a cap of $99k. If you did not have federal tax liability in 2018, I think you would receive $600. The final numbers and when it will be distributed is still being discussed. 

 

   Do you have a link that has the details? It has been difficult to find anything specific on this.

[yuna628 9,676]

2 minutes ago, Steeleballz said:

 

   Do you have a link that has the details? It has been difficult to find anything specific on this.

https://www.finance.senate.gov/imo/media/doc/Section-by-Section Coronavirus Tax Relief Measures.pdf