Curious about if will get the stimulus benefit

[geowrian 22,335]

17 minutes ago, Kerri and Myles said:

Also was reading from a source today, that this is exactly who doesn't get a stimulus check, I am having a hard time understanding the wording.  They stated these are the people who do not get the stimulus check:

 

"Those without a Social Security number and nonresident aliens — those who aren’t a U.S. citizen or U.S. national and don’t have a green card or have not passed the substantial presence test — aren’t eligible."

 

 

 

My wife at the time of us filing our taxes was technically a non-resident alien in immigration status with AOS pending, but for tax purposes we elected to have her treated as Resident Alien.  She now in current day has her conditional green card, she got it on March 10th. Will she get hers?  I have had answers from some other people saying she will, but this proclaim from the stimulus bill has me a little bit confused.  Just going to @geowrian also as he saw my other post on this.  Ty everyone, amazing community we have here .

This is a tax bill and it is referring to tax residency. She was considered a resident alien and used an SSN, so she is not excluded.

The quoted statement is incomplete. I'm guessing they tried to "simply" the requirements so it is easier to understand by just listing instances of eligibility, not the actual requirements. The requirement is to be considered a resident alien. By meeting either the bona fide residence test (i.e. having a green card) or substantial residence test are considered resident aliens for tax purposes. But so are the spouses of a USC who elect to be treated as an RA.

Edited March 28, 2020 by geowrian

[K + M 47]

13 minutes ago, Steeleballz said:

 

   They will not. The only way they possibly could have is if you were less than 17 years old on Dec 31 2019. The IRS wouldn't issue both checks. Everything is matched to SSN's. Either parents get a dependent credit, or non dependents get their own.

 

  Since you indicated you couldn't be claimed as a dependent for 2019, the IRS system will already have that information. If your parents actually tried to claim you for 2019, their return would be rejected (since you filed first).

 

  

That completely makes sense, thank you so much for the very clear explanation.

 

10 minutes ago, geowrian said:

This is a tax bill and it is referring to tax residency. She was considered a resident alien and used an SSN, so she is not excluded.

The quoted statement is incomplete. I'm guessing they tried to "simply" the requirements so it is easier to understand by just listing instances of eligibility, not the actual requirements. The requirement is to be considered a resident alien. By meeting either the bona fide residence test (i.e. having a green card) or substantial residence test are considered resident aliens for tax purposes. But so are the spouses of a USC who elect to be treated as an RA.

I assume the part was condensed, it was from Yahoo.com, but that completely makes sense for the eligibility requirements, thank you for the clarification.  Trying to understand all this tax stuff one hurdle at a time .

Edited March 28, 2020 by Kerri and Myles

[WaterLeaf 199]

Go to your state department of health and see if you can qualify.

 

I don't qualify cuz I still work and haven't lost any hours due to the Covid. My work is a big deal so I just keep working and I make more than what the package provide. My husband don't get it cuz he doesn't work. I happily cover both me and my hubby.

 

Also keep in mind you'll likely end up filing this info on the 2020 tax return. If it ask which I think it may do as it get considered as income.

Edited March 28, 2020 by WaterLeaf

[LizaJane 13]

12 hours ago, Steeleballz said:

 

   They will not. The only way they possibly could have is if you were less than 17 years old on Dec 31 2019. The IRS wouldn't issue both checks. Everything is matched to SSN's. Either parents get a dependent credit, or non dependents get their own.

 

  Since you indicated you couldn't be claimed as a dependent for 2019, the IRS system will already have that information. If your parents actually tried to claim you for 2019, their return would be rejected (since you filed first).

 

  

Yes and this leaving an entire age out of recieving the stimulus check is BS. My poor daughter is 17 and has lost her job and will not get a stimulus check since she was obviously claimed as a dependent on my taxes, but since she's not under 17 I also don't get the $500 for her on my stimulus check. At least she gets unemployment. 

[Steeleballz 7,550]

32 minutes ago, LizaJane said:

Yes and this leaving an entire age out of recieving the stimulus check is BS. My poor daughter is 17 and has lost her job and will not get a stimulus check since she was obviously claimed as a dependent on my taxes, but since she's not under 17 I also don't get the $500 for her on my stimulus check. At least she gets unemployment. 

 

    It is unfortunate. The only thing she can do is claim the $1200 credit next year if she is no longer your dependent.  The child tax credit has always been set up that way. My oldest daughter is in the same situation.  

 

  I'm not sure why they used the child tax credit age cutoff for this particular stimulus, since it is a different issue than the annual child tax credit really, and does unfairly cut out the 17-18 year old age range from getting anything in most cases. I've never really understood the rationale for ending the child tax credit at 17, when most kids obviously won't be providing more than half of their own support at that age. Especially nowadays. 

 

  

[geowrian 22,335]

2 hours ago, WaterLeaf said:

I don't qualify cuz I still work and haven't lost any hours due to the Covid. My work is a big deal so I just keep working and I make more than what the package provide. My husband don't get it cuz he doesn't work. I happily cover both me and my hubby.

 

Also keep in mind you'll likely end up filing this info on the 2020 tax return. If it ask which I think it may do as it get considered as income.

Nothing you noted disqualifies you from this tax credit or the advance rebate. This part of the CARES Act applies regardless of your income being impacted by the virus.

The other provisions in the CARES Act address things like becoming unemployed due it.

Edited March 28, 2020 by geowrian

[kzielu 1,147]

14 hours ago, Kerri and Myles said:

Does that mean my parents would still get money for having me as a dependent on their most recent tax return if that is the one they have to go off for them?  

That should be least of their worries. Trying to commit fraud by claiming you as such should be....

[Steeleballz 7,550]

39 minutes ago, kzielu said:

That should be least of their worries. Trying to commit fraud by claiming you as such should be....

 

  There are many people who were legally claimed as dependents in 2018 who will now qualify for their own credit in 2020. It doesn't mean it was fraud, and there is no reason to make that accusation. 

[K + M 47]

3 hours ago, kzielu said:

That should be least of their worries. Trying to commit fraud by claiming you as such should be....

 

2 hours ago, Steeleballz said:

 

  There are many people who were legally claimed as dependents in 2018 who will now qualify for their own credit in 2020. It doesn't mean it was fraud, and there is no reason to make that accusation. 

Exactly what @Steeleballz said, no fraud at all going on here, I filed taxes with my wife now in 2020 for 2019, my parents haven't filed their 2019 taxes yet this year, but on their 2018 taxes filed last year they had me as a dependent, which was correct at the time, but now when they file their new taxes they will not be able to claim me as a dependent and they know that.  None of the like will be happening, thread was strictly speaking about the situation and I was asking about my parents because they were generally curious about if the above scenario affected me getting my stimulus benefit, as me and my wife we also curious.  

[WaterLeaf 199]

18 hours ago, geowrian said:

Nothing you noted disqualifies you from this tax credit or the advance rebate. This part of the CARES Act applies regardless of your income being impacted by the virus.

The other provisions in the CARES Act address things like becoming unemployed due it.

That's weird. Because when I tried to sign up I get this message:

 

Quote

I understand that I am applying for Emergency Cash Assistance. This application is a result of a temporary loss in income or hours by at least 50% due to COVID-19. I understand that in order to apply for this assistance, I must have been employed as of March 11, 2020, and must have experienced at least a 50% reduction of hours or loss of employment. I understand I must provide verification of available resources (checking and/or savings accounts), temporary reduction in employment hours, or temporary loss of employment. Verification of income includes check stubs, statement from employer, and unemployment compensation approval notice. Check stubs and/or statement from employer must be for 4 weeks with at least two weeks showing income prior to loss or reduction. Self-Employment income must be verified by providing self-employment license (or any other proof of being self-employed) and most recent tax return filed or other documentation of reduction or loss of income. Verification of resources include but not limited to bank statements (checking/savings account). I understand that this application will be denied if I do not submit valid verification's with application. All verification's must attach by using the paper clip at the bottom of the application.

That came from the website of TN DHS. https://tdhs.service-now.com/relief?id=relief_registration&fbclid=IwAR0DqkbM6akiMGWo1YeSS2goc1gh5xvSf7_m9qdjr8sg5mqWs2XDZrZi44Q

[Nitas_man 3,100]

On 3/27/2020 at 7:32 PM, Kerri and Myles said:

The scenario is that me and my wife firstly filed taxes as married filing jointly for 2020, we filed the taxes already this year.  Now here is where the situation gets a little different, my parents have not filed their taxes for 2019 yet.  On my parents 2019 taxes for 2018, so their most recent taxes they claimed me as a dependent.  And what I am hearing is that anyone that was claimed as a dependent does not get the benefit.  So will me and my wife still get 2.4k?  1.2k for us both since we filed taxes this year.  Or will we not get any money since my parents have not filed taxes for 2019 yet, and they claimed me as a dependent on their last taxes which were in 2019 for 2018.  From what I am believing we will get the $2.4k but just trying to see exactly if we can expect to get it.  

 

Ty in advance.  

If you already filed 2019 taxes your household eligibility is based on your 2019 joint return.

[Nitas_man 3,100]

17 hours ago, Steeleballz said:

 

  There are many people who were legally claimed as dependents in 2018 who will now qualify for their own credit in 2020. It doesn't mean it was fraud, and there is no reason to make that accusation. 

Definitely unwarranted.  
As noted above a dependent over 17 does not qualify as a dependent for additional payment.  

 

[payxibka 10,044]

22 minutes ago, WaterLeaf said:

That's weird. Because when I tried to sign up I get this message:

 

That came from the website of TN DHS. https://tdhs.service-now.com/relief?id=relief_registration&fbclid=IwAR0DqkbM6akiMGWo1YeSS2goc1gh5xvSf7_m9qdjr8sg5mqWs2XDZrZi44Q

What are you signing up for?

[Nitas_man 3,100]

On 3/27/2020 at 10:04 PM, Kerri and Myles said:

Does that mean my parents would still get money for having me as a dependent on their most recent tax return if that is the one they have to go off for them?  

LOL not if you are over 17

[LizaJane 13]

2 hours ago, WaterLeaf said:

That's weird. Because when I tried to sign up I get this message:

 

That came from the website of TN DHS. https://tdhs.service-now.com/relief?id=relief_registration&fbclid=IwAR0DqkbM6akiMGWo1YeSS2goc1gh5xvSf7_m9qdjr8sg5mqWs2XDZrZi44Q

You don't sign up for the stimulus check. They're being automatically sent or deposited based on your most recent filed tax return. I am also still working and still getting the stimulus check. What you posted looks like you're applying for unemployment.