Under the CARES (Coronavirus Aid, Relief and Economic Security) Act, US expats are eligible for Economic Impact Stimulus Payments as well as Americans living in the States. Stimulus payments are automatic. All you need to do is file your US tax return.
US citizens living abroad, just like Americans who are living Stateside, are feeling worried, anxious and uncertain about not just their health but their finances. The US government has intervened with financial assistance for all Americans – including US expats.
World-renowned US expat tax advocate and international tax attorney, Monte Silver, said, “At last, a win for US expats!”
Under CARES, an individual abroad earning a gross adjusted income up to $75,000 will be entitled to $1200 stimulus payment ($2400 for married couples with a gross adjusted income up to $150,000), and $500 per minor child, even if that person does not owe any US taxes at all. Above these thresholds, the amount of the payment starts to phase out.
A second stimulus check was agreed in December 2020, worth an additional $600 per individual and $600 per dependent.
We at Bright!Tax understand what you are going through, and we are doing our part to help you get through these difficult times. For this reason, we are offering a $40 discount on your 2020 return with us if you qualify for the maximum Recovery Rebate stimulus payment.
To qualify for an Economic Impact Stimulus Payment, you need to have a US social security number, and you need to file US taxes.
We can help expats who are behind with their US tax filing catch up without facing penalties.
Bright!Tax is the recognized leader in US expat tax | Five time Global EMMA Award Winner | With Clients in over 190 countries | All American CPAs, most of whom are also MBAs | US expat tax is all we do and we are very good at it.
Register now using the form below to file your US expat tax return and receive the CARE Act stimulus check.
Bright!Tax exclusively employs full time, American trained and licensed expat tax specialist CPAs, many of whom also have MBAs in economics or tax law.
We appreciate that every client is unique. Your Bright!Tax CPA will discuss your circumstances with you before formulating a tax strategy to save you money.
We have perfected our workflow model to ensure that your experience is concise, simple, and ultra-responsive. You may always communicate with us in real time.
Our proprietary, Award Winning Online Client Organizer makes providing us with your information much easier. Our Award Winning Mobile App meanwhile allows you to file from your phone, if you prefer.