Americans living abroad and receiving payments | – Community News
Stimulus Check

Americans living abroad and receiving payments |

Interestingly, several U.S. individuals currently living abroad have received stimulus checks during the COVID-19 pandemic. According to most tax policy experts, this plan could contradict the idea of ​​boosting the country’s economy, but most congressmen have a solid foundation of knowledge for sending the payments abroad. According to statistics captured from government records, the IRS has gone ahead and spent approximately $5.5 billion on people living outside all 50 states and the nation’s capital.

Non-resident Americans receiving a stimulus check payment

The statistics also include the three different stimulus payments that emerged from the pandemic era through June 3, 2021. The data takes into account US citizens abroad, military personnel stationed abroad, and various residents of major regions of the United States, like Puerto Rico.

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The amount of the payment sent abroad is registered as small compared to the whole payment. Approximately -0.7% and 0.8% of the $803 billion and $472 million payments were made in three separate rounds. Pomerleau has indicated that the payments sent abroad even make up less than 1% of the total amount.

Janet Holtzbrat, the principal investigator of the Urban Brooks Tax Policy Center, believes that most views on these payments are primarily aimed at most taxpayers to cover their day-to-day expenses, with each stimulus payment seemingly like a pie. If the family the payment is intended for urgently needs it, the payments would be sent regardless of whether they spend their time abroad or in the country.

Americans who have lived abroad will also need to file a worldwide income tax return to receive the incentive check.

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