22
votes
Can a US citizen who has never had a taxable level of income and thus never filed taxes before receive a Coronavirus stimulus check?
If you have not (and will not) file your taxes for 2018 or 2019 then the only way to receive the check is to file for 2020 next spring. The check is actually an advance on a 2020 tax credit, so you ...
- 9,944
22
votes
Accepted
Will I have to repay some of the 3rd stimulus check?
The IRS has done a good job of creating a FAQ for each change in the tax law regarding these payments, they have even updated them as the situation has changed:
From the IRS: Questions and Answers ...
- 143k
15
votes
Can a US citizen who has never had a taxable level of income and thus never filed taxes before receive a Coronavirus stimulus check?
Its important to note that the minimum threshold of income to be required to file your taxes ($12,200 for a single filer under 65) is just that, a minimum to be required to file, not the minimum where ...
- 151
8
votes
Will I have to repay some of the 3rd stimulus check?
No. There are two parts to the stimulus payment: the advance refund (the "check") and the tax credit (in the case of the third stimulus payment, it's a tax credit for the 2021 tax year). For ...
- 17.4k
7
votes
How do I cash my stimulus check if I have lost my ID and have no bank account?
You will need to obtain a new photo ID. You can check with your new state’s DMV office to see what the requirements are and how you can meet them. They may or may not accept the photocopies you have. ...
- 116k
7
votes
Accepted
Can I appeal the tax year used to calculate qualification for the 3rd covid stimulus check?
No, you don’t have a choice of the year (otherwise, I‘d use 1968, I had no income at all then).
However, the recent 1400 $ payment is based on 2021 income - only the preliminary calculation is done ...
- 37.8k
7
votes
My friend is in prison but he was able to get a stimulus check. How to cash it?
IRS checks cannot be transferred via endorsement, it has to be deposited to the account with his name on it. FINRA has issued numerous warnings about abuse related to tax refund (example), and banks ...
- 181k
6
votes
What is the logic behind the IRS direct deposit of the stimulus check?
To potentially help others who are in the same position (did not receive a refund in 2018 or 2019):
You will still receive the stimulus - either via a paper check in the mail sometime in the future, ...
- 161
6
votes
Accepted
What is the logic behind the IRS direct deposit of the stimulus check?
[this is a self-answer, as more information became public]
If your previous year's filings didn't result in refunds, the IRS will not use the account information it has (from Foxbusiness):
[...] ...
- 37.8k
6
votes
I haven't filed taxes since 2012, unable to work so no income, married but husband deserted me early 2013, do I qualify for a stimulus payment?
Unfortunately it sounds like you won't be getting anything, even if you file a return with no income.
You said in a comment that your father pays more than 50% of your living expenses. This means he ...
- 9,944
6
votes
Should I remove Adult Dependent from my 2019 tax return so they will receive a COVID Stimulus Check?
You choosing to remove her as your dependent, or you choosing to not have claimed her as your dependent in the first place when you filed, will not allow her to get the stimulus payment. The ...
- 17.4k
5
votes
Where does the money from the US $2T stimulus package come from?
Surely they don't have that much cash available?
No, they don't. The US government last year ran at a deficit of about $1 Trillion, which means that it spent more than it took in, so it has to "print ...
- 140k
5
votes
Accepted
Will a non-US citizen living and working in the US be eligible for stimulus check?
The texts I have seen (Senate bill and House bill) carve out some exceptions in the definitions section (emphasis mine):
(3) ELIGIBLE INDIVIDUAL.—The term ‘eligible individual’ means any individual ...
- 227
5
votes
Can my son amend his return and get a stimulus check?
I have not filed my 2019 return yet. I was originally planning on
claiming him as a dependent, which would have resulted in a $500
credit for other dependents. If I can't claim him and he had not
...
- 143k
5
votes
Accepted
Accidentally filed my taxes using TurboTax as a US citizen while I'm not
TurboTax is not "only for US citizens". TurboTax is for US citizens and resident aliens. Only if you are a nonresident alien should you not use TurboTax, since they do not support Form ...
- 17.4k
5
votes
Accepted
Stimulus Payments Increased the Tax Owed
The stimulus payment was a tax credit paid to you in advance. The amount you received in stimulus payments has a direct 1:1 relationship with your tax liability. Assuming you are eligible for the tax ...
- 116k
4
votes
Accepted
Claimed as a dependent in 2019, but not in 2018. Will I receive the COVID-19 stimulus payment?
First off, you are correct, the IRS will use 2019 data first, and then 2018 data if that is not available. However, you were put down on someone else's return for 2019 so you have technically filed. ...
- 9,944
4
votes
My parents did not claim me as a dependent but I marked the box on my return saying they did. How does this affect my stimulus?
Did your parents pay for 50% or more of your living expenses for all of 2018, 2019, and 2020? If so, then they are eligible to claim you as a dependent (but do not have to). Note that even if you are ...
- 9,944
4
votes
Stimulus check- haven't filled 2019 taxes
According to the final version of the bill, this "stimulus check" is really a pre-payment of a refundable 2020 tax credit. So if you don't get the check this year, you can file your 2020 taxes next ...
- 5,350
4
votes
Young Professional Stimulus Check
There are two parts to the recovery rebate: the tax credit for the 2020 tax year, and the advance tax credit as a check, determined by your 2019 tax return (or 2018 if you haven't filed for 2019).
...
- 17.4k
4
votes
Does claiming my parents as dependents keep them from getting a stimulus check?
You parents are not eligible because someone could claim them as a dependent, even if you actually don't. The law says that people who could be claimed are not eligible. Even if you amended your ...
- 9,944
4
votes
I became a permanent resident in Jan. 2020 but I do not have a Social Security card. Can I still get the stimulus check?
One thing that isn't super well known is that the stimulus check is actually a credit toward your 2020 taxes. That is, on paper, everyone is supposed to get a credit for their 2020 tax bill, that ...
- 3,254
4
votes
Accepted
If I never cash my $1,200 stimulus check, can I claim it as a tax credit on my 2020 return?
I doubt anybody can answer definitively until later this year when the tax forms are released. With that said, I'm confident the answer will be yes, you can claim a refundable tax credit on your 2020 ...
- 16k
4
votes
Who is going to pay for the October furlough (UK) and ~1K/week (USA)?
Governments often have a long term debt, and that can be at very low rates, especially for things like war bonds which are more or less giving money to the government. Pension funds often hold money ...
- 1,950
4
votes
Can you get (and keep) a stimulus payment by filing 2020 income 'accidentally low', and later file a 1040-X?
It is already too late to do anything to receive either of the two 2020 stimulus payments.
If you are eligible for the stimulus payments based on your 2020 status, and did not receive the payments in ...
- 116k
3
votes
Can a non-filer dependent claim coronavirus support?
You were claimed as a dependent for 2018 and 2019, so you will not receive the check during 2019. You can still claim the credit when you file for 2020, as long as no one can claim you as a dependent. ...
- 9,944
3
votes
I put that someone could claim me as a dependent on accident but no one will/did claim me as one
Probably not. I would suggest filing an amended return. You might also get a bigger refund, because you would be able to take the normal standard deduction.
- 11.2k
3
votes
Am I eligible for the stimulus check?
For the stimulus check, the IRS is going to look at your 2019 return first to determine your eligibility. The only reason they would look at 2018 is if you haven't filed for 2019.
You are independent ...
- 9,944
3
votes
Accepted
Can someone who doesn't need to file taxes (IRS 1040 etc) get the stimulus check without providing personal information to a 3rd party?
If you don't want to send your information via third parties, the only way is to file a tax return using paper forms, which you can download from the IRS web site. Return processing will be slower, so ...
- 181
3
votes
Can you get the stimulus check if you do not file a tax return for 2018 or 2019 and you do not get Social Security?
Now, I am not a lawyer/CPA but the text of the bill states:
In the case of an eligible individual, there shall be allowed as a
credit against the tax imposed by subtitle A for the first taxable
...
- 9,944
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