The coronavirus pandemic has devastated working-class American families and Congress has passed laws that will entitle you and your family to the following payments:

  • If you made less than $75,000 in 2019, you will be eligible for the full payment of $1,200. Couples who filed jointly and made less than $150,000 will get $2,400, and parents will be eligible for a $500 payment for each child in the household.

  • If you made more than $75,000, your payment will be reduced by $5 for every $100 of income that exceeds the limits. So if you made $80,000 in 2019, you will receive $950. The payment decreases to zero for an individual making $99,000 or more or a couple making $198,000 or more.

  • Payments are limited to those who file their taxes with a Social Security Number.  Taxpayers who file using an Individual Taxpayer Identification Number (ITIN) are not eligible for the payments, and those who file joint returns in which one taxpayer files with a Social Security Number and one files with a ITIN will also be ineligible for the payment unless one of the taxpayers is a military member.
     

  • If you’ve been working and filing taxes since 2018 you do not need to sign up or fill out a form to receive your payment. If you have provided bank information to the IRS in the last two years, that's where the money will be sent. If not, the IRS can mail a check to your "last known address," and it has 15 days to notify you of the method and amount of the payment. They will send a phone number and appropriate point of contact so you can tell them if you did not receive it.
     

  • If you have moved recently, it may be a good idea to notify the IRS as soon as possible. The IRS also suggests that if you have not yet filed a tax return for 2018 or 2019, do it as soon as you can, so that the government has your up-to-date information on file.

NOT A TAX FILER

The intent of Congress was that disabled veterans and individuals receiving Social Security, who ordinarily are not required to file tax returns, to be entitled to the $1,200 payments without the necessity of filing additional forms. At the insistence of Congress, the Trump Administration dropped plans to require Social Security recipients and others who did not file 2018 or 2019 taxreturns to file a simple tax return to receive their financial support payment. Seniors on Social Security will automatically receive the $1,200 payments through direct deposit, and others will need to register with the IRS to receive their payments directly to their bank accounts.  The IRS has set up a portal to provide this information.  https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

 

SICK AND FAMILY LEAVE FOR EMPLOYEES

The Families First Coronavirus Response Act provides directs employers with 500 or fewer employees to offer sick and family leave to their employees with the federal government providing reimbursement for the costs.

  • Requires employers to provide up to 80 hours in emergency paid sick leave to all full-time employees, with a similar benefit for part-time employees.

  • Workers will not be required to take other sick leave or vacation before tapping the emergency leave.
     
  • Sick leave will be paid at full salary for medical leave to receive treatment and at two-thirds of regular pay for providing support to someone who is ill or caring for children when schools are closed.  This will be capped at $511 a day for sick leave and $200 a day for caregiving leave.
     
  • Requires employers to provide up to twelve weeks of paid leave in addition to sick leave and extends Family and Medical Leave Act protections to workers impacted by the coronavirus.  Extended family leave is capped at $200 a day with a total payout per employee of no more than $10,000, combining sick, caregiving, and family leave.
     
  • Self-employed individuals will have access to the same benefits and will receive a tax credit that will be fully refundable.
     
  • The federal government will reimburse employers the full costs of pay during leave and employer health insurance premiums through tax credits and will waive penalties for underpayment of estimated taxes.
     
  • The US Department of Labor has prepared guidance for employees and employers on the program: https://www.dol.gov/agencies/whd/pandemic/ffcra-questions