Discussion in 'Military and Veterans' started by ChMacQueen, Apr 12, 2020.
Received mine yesterday and I do file taxes.
I just noticed a deposit on the 15th from the IRS in one of my bank accounts for $742.35. If they are going by line 7 (adjusted gross income $52k for my last tax return) on the 1040 I believe I should have gotten the full amount. Perhaps the overseas income exclusion (-$103k for 2018) was a factor? However, if they aren't counting that then I should have been well above the income threshold for a single household. Doesn't make much sense.
Odd. The single person phase out rule is:
People who make between $75,000 and $99,000 will receive reduced payments. You fall on both ends of the spectrum depending on how your foreign income is treated.
Here is a good site for US expats:
For veterans who missed out on COVID stimulus cash payouts, VA and IRS have a quick fix