Pandemic benefit for Americans: is it worth the rush to file a 2019 declaration
The US government plans to pay material assistance to Americans affected by the coronavirus quarantine, and this amount will depend on the recipient's annual income, writes Fox Business.
Ожидается, что выплата составит $1 200 на одного взрослого для лиц с доходом до $75 000. Пороговое значение дохода для семейных пар составит $150 000 — они получат $2 400 на пару и $500 на каждого ребенка.
The final amount of payment will directly depend on your annual income, according to the latest tax return. The United States Internal Revenue Service (IRS) will primarily focus on 2019 declarations. But for those who have not yet submitted it, the amount of assistance will be calculated based on the data of the declaration for 2018.
Therefore, it may make sense for some taxpayers not to rush to submit a declaration for 2019 (especially considering the fact that due to quarantine the deadlines for submitting it were extended until June 15, 2020).
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For those whose incomes are close to thresholds, it would be advisable not to rush to submit reports so as not to miss the chance of getting help.
«Если размер ваших доходов в 2019 году будет основанием для уменьшения размера выплаты (по причине того, что сумма превышает верхний порог) — тогда подождите, пока вам не насчитают помощь на основании декларации за 2018 год», — советует Эд Слотт, основатель IRAhelp.com
The amount of benefits for individual taxpayers and couples will be reduced as follows: the ratio is $ 5 for every $ 100 in excess of the maximum amount of annual income. For example, those who earned $ 75 over the past tax period will receive a check in the amount of $ 500.
The allowance will not be accrued at all to individuals who have earned more than $ 99 a year; heads of families with one child who have earned more than $ 000, as well as married couples who file a declaration together and earned more than $ 146 per year.
On the subject: Trump has signed a $ 2,2 trillion coronavirus relief bill
However, those who deliberately delay the filing of the declaration for 2019 will have a different problem.
«Если вы имеете право на возврат налогов, то вам придется ждать дольше, чем обычно», — предупреждает Эд Скотт. Поэтому, стоит заранее взвесить все «за» и «против»».
According to the latest information, the average amount of tax refunds is $ 2. Legislators report that the exact schedule for receiving assistance by persons has not yet been established, but we are talking about the next few weeks.
Цель проекта — поддержать американцев, пока экономика США не восстановится после потрясения из-за карантина по коронавирусу и начнет нормально функционировать. Многие предприятия страны были временно закрыты, чтобы предотвратить возможность заражения большого количества людей. В результате многие американцы остались вовсе без работы, либо с минимальной занятостью. В сложившейся ситуации граждане страны подали почти рекордное в истории США количество заявок на получение пособия по безработице — более 3,3 млн.
As ForumDaily wrote earlier:
- 27 March US President Donald Trump signed a bill worth $ 2,2 trillion, which provides support to businesses and ordinary Americans affected by the coronavirus quarantine.
- Details about the conditions for providing this assistance, as well as answers to the most common questions about it, can be found here to register:.
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