Check if your IRS Economic Relief Payment is on its way to you!

by | Apr 16, 2020 | Latest news

A new online tool has been launched to assist taxpayers to obtain the IRS stimulus payments. 

Taxpayers can check their eligibility for the payment, track the status of the payment, and enter US bank account details in order to receive a direct deposit from the IRS.

The IRS is now in the process of issuing payments, which are being automatically issued to taxpayers who:

  1. have filed a US individual income tax return for 2018 or 2019,
  2. had Adjusted Gross Income (AGI) of less than US $99,000 (single filers)/US $198,000 (joint filers) on the later of the two above-mentioned returns, and;
  3. whose return contained a US bank routing and account number.

Payments are US $1,200 (single filers)/US $2,400 (joint filers) for taxpayers who filed a 2018 or 2019 return with AGI reported of up to US $75,000/US $150,000.

Filers with income over these thresholds and up to US $99,000/US $198,000 qualify for an abated amount.

Taxpayers who do not meet the above requirements to receive an automatic payment may still qualify by checking their eligibility and entering their account information online. This category of taxpayers includes:

1. Retirees.

2. People who haven’t filed a 2018 or 2019 US tax return.

3. People who have filed a 2018 or 2019 US tax return containing no bank account information.

Taxpayers do not file, but who receive benefits such as Social Security will automatically receive the payment. The IRS states that they do not need to enter payment information.

Taxpayers who do not qualify based on their 2018 or 2019 AGI, but meet the above-mentioned AGI thresholds for 2020 will be able to claim a credit on their 2020 return.

Taxpayers who do not have a US bank account will receive a paper check. It is envisaged that it could take several months due to current US conditions to arrive.

Go to  https://www.irs.gov/coronavirus/economic-impact-payments to access the above information.

Alternatively please contact us for assistance.

 

 

Recent Posts

Archives

Safety ElectricalSafety Electrical
21:30 21 Aug 24
I came across this person by google search . First attempt could not get connected .she so good returned my call with 5 min . Asked her few question , would say very good on what she does .Also plus point , she follows you up again . I would say very help full person . Recommend to go with her , no second thoughts .
Maryanne GarryMaryanne Garry
09:09 21 May 24
Gina is exceedingly detailed and knowledgeable. Her expertise is like a lifeline for US expats.
Matt RollMatt Roll
04:09 21 May 24
I'm thankful for finding NZ US Tax Specialists because Gina is one of the few people I know with a working knowledge of the intersection of U.S. and NZ tax policies. Our tax return was accurately completed on time and without any issues. I'm planning to use their services for years to come.
Spencer SmithSpencer Smith
03:47 21 May 24
US tax is a complex beast. Gina and her team have been very helpful to me and my clients with US tax issues.
Chris LemonChris Lemon
22:46 20 May 24
Gina and the folks at NZ US Tax Specialists were very quick to answer a question I had on the NZ tax treatment of US Military pensions, a fairly obscure area of tax law. They're great to work with.
Danielle FaireyDanielle Fairey
20:00 15 Oct 23
Gina was such a great help in navigating my tax requirements after moving between the US and NZ. She was great to work with - always very responsive and helpful. I would definitely recommend and work with NZ US Tax Specialists again in the future.
NZ US Tax Specialists has been a lifesaver with regards to a family member’s move from the US to NZ. Gina and her team have been there to help us understand the complexities of dual tax status and have greatly assisted in getting everything filed on time. While taxes will never be fun, working with NZ US Tax Specialists has brought our stress levels down considerably.
James SteeleJames Steele
02:57 13 Apr 23
Gina helped us prepare our US tax returns after we moved to NZ during a very busy time. We had no idea what was required as US citizens living abroad, but Gina was extremely helpful, knowledgeable, and professional. The work was affordable and well done. We had a great experience and hope to use NZ US Tax Specialists again.
Marivee McMathMarivee McMath
06:35 13 Feb 23
I am very happy with the way NZ US Tax Specialists handled sorting out my US Taxes! It certainly put my mind at rest. Felt I was in safe 'hands' throughout the process.
Gareth RobinsGareth Robins
04:31 13 Feb 23
Gina quickly attended to my tax questions and was very helpful
Deborah MunroDeborah Munro
03:54 19 Oct 22
If you're a US expat and need to file a US tax return, then look no further! Gina and her team at NZ US Tax Specialists does outstanding, professional work. I had to amend my US tax return, as I didn't know I had to file a form. Gina got that done, but they also found I'd made an error, and they fixed that for me as well, keeping me in good standing with the IRS. I'm definitely returning next year to get their assistance again.
Karen SmithKaren Smith
23:32 02 Sep 22
I have been working with Gina since 2014, when I needed US Tax advice, being both a New Zealand and United States citizen. Over the eight years that we have been working together, I have found Gina to be extremely knowledgeable about the US tax system and the New Zealand IRD. She is quickly able to provide definitive answers to my US tax questions, via her extensive contacts in the US tax department.Gina is always prompt in responding to my email and phone conversation questions and her professionalism has inspired my confidence in her many times over.She has guided me through my annual tax return filing with integrity and honesty and I fully trust her to get the job done well each year.
js_loader

Level 7

2 Kitchener Street

Auckland 1010

New Zealand 

Phone No.: 09-5255931

Terms Of Trade

Disclaimer

Privacy Policy

NZ US Tax Specialists Limited is a registered trademark. All rights reserved.