No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveU.S. Citizens Could Qualify for Stimulus Payment

U.S. Citizens Could Qualify for Stimulus Payment

It’s true: The U.S. Government could owe you money. If you are a U.S. citizen, even if you have not filed a tax return for years and have not paid any income tax, you could still qualify for the economic stimulus payment signed into law by former U.S. President George Bush.

There is still time to apply, but many people have not applied for this payment because of fear resulting from not filing a return for years, or thinking that because they have not paid any income tax for years, they do not qualify.

You could qualify even if your income does not normally require you to file a tax return. This is often the case with people living in a foreign county. You may qualify if you have income from any of the following sources:

–Foreign employer (even if your income is as little as $3,000 for the year) –U.S. employer (even if you are the sole stockholder of the company) –Disability pension

–Social Security as a retirement payment or disability

–Pension or retirement plan

–Self-employment

Note: Interest, dividends, capital gains and rental income do not qualify for the stimulus payment.

To apply for the stimulus payment, you must have a valid Social Security number and you must file a 1040 individual income tax return.

If you have filed for your stimulus payment and have not received your check, you will need to contact the Internal Revenue Service (IRS) by phone or letter. It may take months for them to answer, but they will.

Important: The IRS does not communicate by e-mail for any reason. If you have received an e-mail claiming it is from the IRS and you are due a refund, do not respond. This is a scam, and by replying you are putting your identity at risk.

For more information, call U.S. Tax and Accounting at 2288-2201 or visit ustaxinternational.com.

 

Trending Now

El Salvador mural reimagines the Mona Lisa with recycled plastic caps

Made of plastic caps in many colors and sizes, Leonardo da Vinci’s famous Mona Lisa has a Latin American version: a 13-meter-tall mural erected...

Starbucks adds limited-time MrBeast tie-in drink at select Costa Rica stores

Starbucks stores in Costa Rica are offering the Cannon Ball Drink, a limited-time beverage tied to a partnership with content creator MrBeast. The drink...

Costa Rica’s Tourism Minister Offers Condolences After U.S. Hotel Owner’s Death

The murder of U.S. citizen Kurt Van Dyke, a 66-year-old hotel owner and popular long time surfer, has drawn attention to security challenges in...

Cow Wrangling and Camera Trapping in Costa Rica

I had just successfully reviewed the first four of five camera traps in a sleepy little town tucked into a rich valley bordering the...

Neymar signals retirement could come after the 2026 World Cup

Neymar has suggested his playing career may end when his contract with Santos expires in December 2026, saying ongoing injuries have pushed him into...

El Salvador Abortion Rights Group Shuts Down Amid Civil Society Restrictions

An El Salvador abortion rights group closed its legal operations after two decades of defending women jailed for pregnancy terminations, citing a hostile environment...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica