Americans living abroad also got Stimulus Checks

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Americans living abroad underwent a stimulus check during the Covid-19 pandemic.

According to tax policy experts, this may contradict the idea of ​​”stimulating” the US economy, but Congressmen generally have a solid foundation for sending money abroad.

As per the government statistics, the IRS has issued more than $ 5.5 billion with a $ 5.5 billion payment to people outside of all 50 states and Washington, D.C.

The numbers include three payments from the pandemic era to June 3, 2021 (additional payments may have been made since then). The data includes US citizens abroad, military personnel stationed abroad, and residents of the US region, such as Puerto Rico.

According to the U.S. Department of State, about 9 million U.S. citizens live abroad, so it’s not surprising that many people receive checks because of the broad eligibility framework established by Congress.

The amount of payment overseas is also small compared to the whole. -0.7% and 0.8% of $ 803 billion and $ 472 million payments issued in three rounds of funding, respectively. “Payments sent abroad are less than 1% of the [total],” said Pomerleau. “Looking at it, there weren’t many.”

“One of the views on these payments is primarily aimed at taxpayers to cover their daily expenses, and every stimulus is a cake,” said Janet Holtzbrat, principal researcher at the Urban Brooks Tax Policy Center.

That’s the icing of the. ” “If the intended goal is to help a family in need, whether American citizens live here or abroad is not an important distinction in a pandemic,” she adds.

Americans Who are living abroad must also file a US tax return for global income. As long as such citizens pay taxes, it seems fair to issue them financial impact payments, according to Garrett Watson, senior policy analyst at the Tax Foundation.