The third round of savings gold [2021] Details of the third round of the U.S. government

The third round of money has been issued one after another, but there will be fewer people who meet the conditions for receiving ~
March 11, 2021, President Biden signed a 1.9 trillion new championship bill.Many American people have received the rescue of $ 1400/person.If you have not received it, you can consider querying it.【Inquire】
March 10, 2021 U.S.House of Representatives objected to 220 votes and 2111 votes, and passed 1.9 trillion rescue bill.
March 6, 2021 After 25 hours of debate, the Senate eventually approved 50 votes and 49 votes, and passed the Biden government’s 1.9 TRILLION epidemic rescue bill.After that, the revised version of the bill will return to the House of Representatives to vote.signature.Eligible families can receive the third round of support for $ 1400 per person, and should be issued within 1 to 2 weeks.
March 3, 2021 President Biden agreed to meet the income threshold of receiving $ 1400 to 75,000 (individual) and 150,000 (family).Therefore, compared to the second round of new remedies, fewer people meet the conditions for receiving.
February 5, 2021 The Senate passed 51 votes in favor and 50 votes, and passed President Biden’s 1.9 trillion US dollars in the third round of new championship rescue programs.However, the specific distribution amount and distribution rules have not been finalized.This article will update the latest distribution rules in a timely manner.Subscribe to American Life Guide Receive the latest news as soon as possible.
January 14, 2021 President Biden announced a new round of stimulus and rescue programs, with a total rescue amount reached 1.9 trillion US dollars (1.9 TRILLION), including $ 1400 (each) directly sent to the American people.

The second round of rescue benefits have been issued The December 20, 2020 The U.S.Congress reached a rescue plan of $ 900 billion (900 Billion), including a subsidy of $ 600 per person issued to American families, and an unemployment relief for 10 weeks ($ 300).From the week of December 28, the American people have successively accepted this new championship.

Introduction to the first round of rescue plan: On April 9, 2020, the National Taxation Agency (IRS) has issued a total of more than 300 billion US dollars (300 Billion) new coronary pneumonia support for US families.It is called Economic Impact Payment, also known as Stimulus Check.More than 8 million Americans will benefit from it.

After reading this article, you will understand:
stimulus check

It’s always a good thing to send money!But not everyone can get it!

More than 80 million Americans/American residents will receive this support, mainly depending on your or family’s annual income, and English is called Adjusted Group (AGI).IRS will decide whether to distribute Stimulus Check for your 2019 tax table in 2019.

The third round of new crown assistance Jin Zhen is coming … The proposal has been passed in the House of Representatives, and is currently under discussion in the Senate.A family of four can receive a subsidy of $ 5600, but not everyone meets the collection conditions.Check whether you/the family meets the collection conditions ~

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Detailed explanation of the third round of new crown assistance programs

March 11, 2021, President Biden signed a 1.9 trillion new championship bill.Many American people have received the rescue of $ 1400/person.If you have not received it, you can consider querying it.【Inquire】

March 10, 2021 U.S.House of Representatives objected to 220 votes and 2111 votes, and passed 1.9 trillion rescue bill.

March 6, 2021 After 25 hours of debate, the Senate eventually approved 50 votes and 49 votes, and passed the Biden government’s 1.9 TRILLION epidemic rescue bill.After that, the revised version of the bill will return to the House of Representatives to vote.signature.Eligible families can receive the third round of support for $ 1400 per person, and should be issued within 1 to 2 weeks.

March 3, 2021 In order to obtain the support of the Republican gentleness, President Biden can receive the income threshold of the third round of relief to: 75,000 (individual) or 150,000 (family).In other words, if you are a personal tax return and your income is less than 75,000, you will receive $ 1400 rescue.For couples who jointly report taxes, if the total income is less than 150,000 US dollars, it can receive a rescue of $ 1400 per person.Check the specific money plan.

February 5, 2021 At about 5 am, the Senate picked the lights at about 5 am, and completed the 1.9 trillion yuan voting of the 1.9 trillion yuan proposed by President Biden.

All Democratic members of the Senate voted for votes, and all Republican lawmakers voted against the votes, and eventually tied with 50 to 50.Finally, the Senate Congress and Vice President He Jinli voted a key voter.Trillions of bailout plans.

Therefore, it is certain that the third round of money will definitely happen.However, for “how much and how to send”, the Democratic Party and the Republican Party have not reached a consensus, and both parties have their own versions:

Democratic Party’s money issuance plan

Each person (including children) in the family can get $ 1400, but needs to meet the following conditions:

Types of taxation

Can get $ 1400

Can’t receive the third round of funding

Single-person tax returnIncome less than $ 75,000Income greater than $ 80,000
Husband and wife joint taxIncome less than $ 150,000Income greater than $ 160,000
MasterIncome less than $ 112,500Income greater than $ 120,000

in conclusion:

  • Personal annual income is less than $ 75,000(AGI), or the family’s annual income is less than $ 150,000(AGI), which can be received in full, $ 1400 per person; for the head of the family, the annual income is less than $ 112,500, Can be collected in full;
  • Personal income exceeds $ 80,000, Or have more family income exceeding $ 160,000, Or the owner of the family exceeds more than $ 120,000,, cannot receive;
  • Each child under 6 years old, a year of TAX CREDIT is as high as $ 3,600;
  • Each child 6 to 17 years old can reach 3,000 US dollars in Tax Credit for a year;

Republican Party’s money issuance scheme (should not be adopted)

  • Adults are $ 1,000 per person, and children are $ 500.At the same time, they need to meet the following conditions
  • Personal income is less than 40,000 US dollars, or household income is less than 80,000 US dollars, which can be received in full

However, how to issue this new crown, you need to wait until March Senate discussion and voting.

On January 14, 2021, President Biden’s introduction on the third round of new championship assistance programs:

This third round of rescue programs proposed by Biden Administration mainly include three aspects: three aspects:

Control epidemic

  • 20 billion US dollars: used for COVID-19 vaccine promotion;
  • 50 billion US dollars: used to expand the scope and ability of the COVID-19 detection;
  • 30 billion US dollars: used to buy new crown protection items;
  • $ 210 billion: Used to support K-12 schools, and universities;

Direct rescue

  • Given $ 1400 for American families;
  • Federal unemployment relief amount is $ 300/week, and it lasts until September 6, 2021;
  • $ 30 billion: Rental subsidy for tenants;
  • Increase the Child Tax Credit at the time of taxation: Children under 6 years of age can get a Tax Credit of $ 3,600, and children aged 6 ~ 17 to get a Tax Credit of $ 3000; [Know what is child tax credit]

Given funding for local governments

  • 350 billion US dollars: fund state and local governments;
  • 50 billion US dollars: support small enterprises and use it to issue loans;
  • 20 billion US dollars: support public transportation;

Notice: The third round of the new crown subsidy plan has not yet been submitted to the State Council.Whether it can be implemented according to the plan, we will wait and see.The “American Life Guide” will also share the latest progress with you as soon as possible.Please use the mailbox to subscribe:

How much is the second round of new championships?

  • Adult: $ 600/person
  • Child under 18 years of age: $ 600/person

Taking a four-mouth home as an example, you can get up to $ 2,400.

Please note: Not everyone can get full subsidies.Please check the specific conditions:

Conditions for the second round

IRS will decide whether to issue this subsidy according to your revenue on the 2019 tax table (AGI), decide whether to issue this subsidy;

If your home income situation in 2020 meets higher subsidies, you can get tax refund in the 2020 tax return next month.

If your/family’s AGI is lower than the amount in the table below, you can get this full Stimulus Check.

Tax reporting status on the tax sheet

Adjusted Group

Support amount
Personal taxation<75,000 US dollars$ 600/person
Marriage joint tax<150,000 US dollars$ 1,200/family
Master<112,500 dollars$ 1,200

Notice: Every child in the family can also get $ 600 Support

If the AGI of your personal/family is higher than the above amount, you can also receive the support, but the amount will be reduced according to the proportion.

Tax reporting status on the tax sheet

income(

AGI

.
Support amount
Personal taxation$ 75,000 ~ 99000Based on the $ 75,000 as the benchmark point, the higher the income.
Marriage joint tax$ 150,000 ~ 198,000Based on the $ 150,000 as the benchmark point, the higher the income, the amount of support is decreased on $ 1,200
Master$ 112,500 ~ 136,500Based on $ 112,000 as the benchmark point, the higher the income.

Can I receive H1B, F1, J1 and other non-immigrant status?

Yes, as long as your tax reporting status in 2019 is Resident alien can.

For example, for the F1 student visa, if you live in the United States for more than 5 years and have lived in the 6th year in the United States for more than 183 days, then the tax reporting that year is considered as Resident Alien.For the definition of Resident Alien, please refer to it IRS official website Essence

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The second round of support has been issued

On December 27, US President Trump has signed it.From the week of December 28, the assistance funds have been issued.

Similar to the first assistance, the second round of support is still issued by IRS, and Direct DEPOSIT is still used when the tax refund is still used.From the week after Christmas, many American people will receive a new new championship support.

If you do not use Direct DEPOSIT to pay tax, then you need to wait for the check that IRS will mail you, and it may take longer.For friends who do not use Direct DEPOSIT, how to speed up, you can go to the website [Get My Payment] provided by IRS to submit your Direct DEPOSIT information to let IRS give you through bank remittances.

IRS [Get My Payment] TOOL

How to check your own Adjusted Gross Income?

IRS uses AGI on the 2019 tax table to calculate the amount of support for the payment.Please check the number 8 (b) of Table 1040 in 2019;

If your home income situation in 2020 and meet higher subsidies, you can declare more tax refund during the 2020 tax reporting next month.

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How to inquire about the state of support?

IRS has issued a new round of new championship assistance from the week of December 28.The first to be issued is taxpayers using bank Direct Deposit.Many American residents can already find it at the bank account.

If you do not use Direct DEPOSIT in 2019, you will receive a check or Debit Card.

The following URL is used to query the status of the first round of subsidy, and it may also be used to query the second round of distribution.

Query your own support for his support

Beware of being deceived

Some scammers used the timing of IRS to issue new crown pneumonia.Please be careful.IRS cannot ask you for personal information through Email, telephone text messages or social media.

If you have any questions, please check the official website of IRS on issuing new crown pneumonia support:

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